Medicare's Bold Move: Drug Price Cuts Promise Billions in Savings
Published on: Nov. 26, 2025, 7:22 a.m. | Source: Devdiscourse
The U.S. Medicare health plan's negotiation for lower drug prices aims to save $8.5 billion by 2027. Prices for 15 expensive medications will be reduced by 36%, including popular drugs like semaglutide. This move follows President Biden's Inflation Reduction Act, allowing Medicare to negotiate prices directly with drugmakers.
