Trump’s Medicare Drug Price Shake-Up: The Deadline Big Pharma Never Thought Would Come
Medicare’s historic drug price negotiations are reshaping the balance of power between the federal government and Big Pharma. With average cuts of 44% on 15 major prescription drugs, seniors stand to save billions once the new prices take effect in 2027. The move has survived intense legal challenges and now threatens to ripple through the entire U.S. healthcare system as private insurers demand similar reductions. This could become one of the most consequential drug-pricing reforms in American history.