15 Medicare drug prices reduced

Trump administration reveals Medicare drug price reductions for 15 medications

Medicare just got a hefty discount on 15 major drugs, courtesy of the Trump administration’s latest push to rein in skyrocketing healthcare costs.

Late Tuesday, the administration unveiled negotiated price cuts for medications treating everything from cancer to diabetes, projecting a staggering $12 billion in savings compared to last year’s spending, with $685 million directly benefiting enrollees’ wallets by 2027, as The Hill reports.

This isn’t just a press release -- it’s a lifeline for millions of seniors struggling with prescription costs, especially for high-ticket items like Ozempic and Wegovy, used by nearly 2.3 million Medicare beneficiaries in 2024.

This negotiation program stems from the Inflation Reduction Act, a Biden administration hallmark now being wielded by Trump’s team to deliver results.

Health officials didn’t shy away from comparing their efforts to the prior administration’s initial round of talks, with CMS Administrator Mehmet Oz declaring, “Using the same process with a bolder direction, we have achieved substantially better outcomes for taxpayers and seniors in the Medicare Part D program.”

Meanwhile, advocacy groups like Patients For Affordable Drugs cheered the move as a win for taxpayers, though they rightly point out the fight against Big Pharma’s legal challenges isn’t over.

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TrumpRx

White House unveils 'TrumpRx' drug platform, amid blockbuster deal with Pfizer

President Donald Trump is shaking up the pharmaceutical game with a bold new move! The White House is rolling out TrumpRx, a government-run website where everyday folks can buy select drugs at slashed prices negotiated directly by Uncle Sam, as the Wall Street Journal reports.

This isn’t just a press release; it’s a direct jab at Big Pharma’s bloated pricing schemes.

Alongside this, Pfizer is stepping up with price cuts on several U.S. medications and a massive $70 billion investment in American manufacturing, all tied to Trump’s push for cheaper drugs and domestic production.

For months, President Trump has been turning the screws on drug companies, demanding they slash costs for American patients. In a July letter, he urged pharmaceutical giants to join a direct-to-consumer platform with pricing on par with other developed nations.

That’s not a suggestion; it’s a battle cry against the progressive agenda that’s let drug costs spiral out of control.

Pfizer’s products will be offered on a website that hasn’t yet launched, called TrumpRx.gov. The program, at least initially, seems to be geared toward patients who access care through Medicaid. But officials said during a press conference they see a future where these prices will also apply in the Medicare program and commercial plans.

Look for the web site TrumpRx.gov to launch early 2026.

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On Appeal, the FDA lost--Ivermectin can be prescribed

Doctors Can Prescribe Ivermectin for Covid: FDA Lawyer

Doctors are free to prescribe ivermectin to treat COVID-19, a lawyer representing the U.S. Food and Drug Administration (FDA) said this week.

“FDA explicitly recognizes that doctors do have the authority to prescribe ivermectin to treat COVID,” Ashley Cheung Honold, a Department of Justice lawyer representing the FDA, said during oral arguments on Aug. 8 in the U.S. Court of Appeals for the 5th Circuit.

The government is defending the FDA’s repeated exhortations to people to not take ivermectin for COVID-19, including a post that said “Stop it.”

The FDA on Aug. 21, 2021, wrote on X, formerly known as Twitter: “You are not a horse. You are not a cow. Seriously, y’all. Stop it.” The post, which linked to an FDA page that says people shouldn’t use ivermectin to prevent or treat COVID-19, went viral.

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DeSantis addresses Prescription drug costs

DeSantis issues Executive Order 22-164

Governor Ron DeSantis Takes Additional Actions to Lower Prescription Drug Prices for Floridians

"Gov. Ron DeSantis issued an executive order on Friday that aims to lower prescription medicine costs for Floridians

• The order directs state agencies to amend contracts with Pharmacy Benefits Managers

• Prior studies indicate that health care companies utilizing Pharmacy Benefit Managers tend to pocket more money

• Gov. Ron DeSantis issued an executive order on Friday that aims to lower prescription medicine costs for Floridians

In response to the federal government’s inaction, DeSantis granted AHCA officials the power to negotiate pricing for pharmaceuticals that are not eligible for importation, such as insulin and epinephrine."

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Mark Cuban's Cost Plus Drugs could save Medicare billions

Study shows Mark Cuban’s new generic drug company’s system could save taxpayers billions

Billionaire innovator Mark Cuban has figured out how to substantially reduce costs for generic prescription drugs with a new company he launched this year, however, and a recent study showed that the federal government could save several billion dollars if it used his company or adopted the same practices, the Daily Caller reported.

In January, Cuban launched a new company known as Cost Plus Drugs that makes use of a direct-to-consumer system that substantially reduces costs for generic prescription drugs by bypassing wholesale distributors, pharmacies, and insurance companies and shipping the product directly from the manufacturer to the individual.

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