NEW YORK (AP) — Pharmaceutical companies have agreed to slash the Medicare prices for 15 prescription drugs after months of negotiations, reductions that are expected to produce billions in savings for taxpayers and older adults, the Trump administration said.

But the net prices it unveiled for a 30-day supply of each drug are not what Medicare recipients will pay at their pharmacy counters, since those final amounts will depend on each individual’s plan and how much they spend on prescriptions in a given year.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. kAmw62=E9 $64C6E2CJ #@36CE u] z6??65J yC] E@FE65 E96 562=D 2D A2CE @7 E96 25>:?:DEC2E:@?’D k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6

See Full Page