On Tuesday, Just The News posted an article about the significant drop in what Americans are paying for prescription drugs.
The article reports:
President Donald Trump’s Most Favored Nation policies and TrumpRx platform have produced the largest annual drop in U.S. prescription drug prices in over 60 years, the steepest since 1963, according to the administration. The update follows years of price increases across much of the sector which had Americans footing the bill for other nations’ usage.
“Without even twisting an arm, without trying to pass a new bill, he [Trump] brought all these players together with TrumpRX to lower the cost of prescription drugs, and he continues to do that because this guy understands leverage. He understands the bully pulpit,” Rep. Jimmy Patronis, R-Fla., told Just The News.
TrumpRx has already generated $700 million in patient savings. GLP-1 drugs that previously exceeded $1,000 monthly now start at $149; many other high-cost medications (insulin, inhalers, fertility drugs, cholesterol treatments) have fallen 50–90%. Prescription prices are down 3.9% since Trump took office and have declined every month of 2026.
Nonprescription drugs fell 2.4% and medical-care commodities 2.7% over the past year.
The Department of Veterans Affairs (VA) also locked in more than $10 billion in pharmaceutical savings this fiscal year, with hundreds of billions projected long-term. The administration states this is the first time a president has actually lowered prescription drug prices.
…Americans have long paid substantially higher prices for brand-name prescription drugs than patients in other developed countries—often three to four times as much, according to RAND analyses of 2022 data comparing the U.S. to 33 OECD nations.
The high prices that Americans pay finance the extensive medical research that takes place in America. The government being involved in any aspect of medicine should be troublesome for Americans. The free market works best. The cost of medical coverage was lower and the choices of medical insurance coverage was better before the government got involved. I am not opposed to Americans paying less for prescription drugs, but I want to make sure that we still leave room to pay for the research to develop new and better drugs.