The lower prices stem from the Medicare negotiation program created under the Biden administration’s Inflation Reduction Act.

The Centers for Medicare and Medicaid Services on Tuesday announced lower prices on 15 costly prescription drugs under Medicare, including Ozempic and Wegovy.

The price cuts come through the Medicare drug price negotiation program created under the Inflation Reduction Act, which Joe Biden signed into law in 2022.

It’s different from Donald Trump’s “most favored nation” drug pricing approach, which relies on executive orders and voluntary deals with drugmakers — not legislation. Trump recently announced such a deal with Novo Nordisk, the maker of Ozempic and Wegovy, to lower the price of the drugs in exchange for tariff relief.

  • jordanlund@lemmy.worldM
    link
    fedilink
    arrow-up
    2
    ·
    3 hours ago

    Agreed, but the problem is honest attempts to avoid it. Unless you regularly look at labels, you’d be SHOCKED at all the products this crap is in.

    Bread has HFCS. Ketchup. It’s literally everywhere.

    Try going down the frozen food aisle at your local grocery store and notice all the stuff has cheese.

    Yes, consumption is up, but the reason consumption is up is that it’s ubiquitous. And the reason for it isn’t that people are choosing it, it’s being placed in the products people choose because the government is subsidizing those industries.

    It’s super hard to tell people “Well, just make healthier choices” when 80% of available choices are unhealthy or 100% if we’re talking affordable choices.

    https://www.fao.org/newsroom/detail/healthy-diets-remain-unaffordable-for-a-third-of-the-world-s-population/en