biotech / news / / NBC News
President Trump has barely mentioned Medicare's drug price negotiation program.
CMS will announce new negotiated Medicare prices for 15 drugs, including Ozempic and Wegovy, by Nov. 30.
KEY POINTS
- The new Medicare drug prices from negotiations will not take effect until 2027.
- The Congressional Budget Office projects Ozempic and Wegovy prices will drop by one third in 2027.
- Experts state Trump’s voluntary drug price deals are unlikely to impact the Medicare negotiation process.
- It remains unclear how, or if, Trump's voluntary price deals align with formal Medicare negotiations.
COMPANIES
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