Prescription Drug Discounts To Come By 2026

An old couple sitting together and watching laptop

The first 10 prescription drugs the federal government will negotiate under a new federal law were released Tuesday, paving the way for big discounts by 2026.  The drugs are some of the most widely prescribed or expensive drugs that older Americans used for everything from hear disease to diabetes and autoimmune conditions.  The Biden Administration will negotiate prices for:

Eliquis

Jardiance

Xarelto

Januvia

Farxiga

Entresto

Enbrel

Imbruvica

Stelera

In addition, some inflammation medications are expected to be targeted.

Cost Of Insulin May Soon Be Capped By Law : Great News For Diabetics!

A chart of Blood Glucose Optimal Fasting Levels

The cost of prescription drugs has gotten so out of hand that regulators and legislators are having to step in and try to remedy the situation.  The latest effort comes from the House of Representatives, which recently passed a bill which would cap the cost of insulin.  The bill, which passed by a vote of 232-193 would cap the cost of insulin for both those on Medicare and those with private insurance at just $35 per month.  A similar bill passed the House last year but died in the Senate.  Democratic legislators are hoping to work out a compromise with Republicans to get it passed in the Senate.