Significant Medicare Drug Price Cuts Announced for Almost 9 Million Americans

Reported about 2 months ago

Nearly 9 million Medicare beneficiaries in the U.S. will see substantial reductions in their medication prices, with a new list announced by the Centers for Medicare and Medicaid Services revealing cuts between 38% and 79%, primarily around 60%. This initiative, starting from January 1, 2026, aims to alleviate the financial burden on seniors struggling with high medication costs, allowing for increased affordability in managing chronic conditions.

Source: YAHOO

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