Biden admin. announces lower prices for 10 prescription drugs under Medicare

The administration estimated that the latest prescription drug negotiations could relieve the financial burden for 1 in 7 older adults living in the U.S.

By Nicholas Ballasy

Published: August 15, 2024 8:58am

The Biden administration announced on Thursday that it reached an agreement with drugmakers to reduce prices on 10 of the most expensive prescription drugs available under Medicare.

The administration estimated that the latest prescription drug negotiations could relieve the financial burden for 1 in 7 older adults living in the U.S.

The negotiated prices for a 30-day supply of the 10 drugs is available to view here.