Pharmaceutical Companies Agreed to Cut Prices on 15 Prescription Drugs on Medicare Plans, HHS
Update: 2025-11-27
Description
Pharmaceutical companies have agreed to cut prices of 15 prescription drugs on Medicare plans that could result in billions in savings for taxpayers and older adults, the Trump administration said late Tuesday.
Still, the lower prices for a 30-day supply of each drug are not what Medicare recipients will pay at their pharmacy because prices will be determined by an individual’s plan and how much they spend annually on prescriptions, according to the Associated Press.
Still, the lower prices for a 30-day supply of each drug are not what Medicare recipients will pay at their pharmacy because prices will be determined by an individual’s plan and how much they spend annually on prescriptions, according to the Associated Press.
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