California Governor’s Move Against Big Pharma Regulation
Overview of the Bill
A bill aimed at regulating the significant influence of pharmacy benefit managers (PBMs) was proposed to curb their practices. PBMs have been criticized for their role in drug pricing and accessibility.
Governor's Decision
The California Governor ultimately decided against the regulation, citing concerns over certain implications for the pharmaceutical market.
Implications for Health
- Access to medications could continue to be affected.
- Patients may face higher drug prices as a result.
- Ongoing discussions around health policy reform are essential.
Advocates for health equity argue that further measures are needed to ensure fair practices in drug distribution.
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