The costs of prescription drugs, non-prescription drugs, and medical equipment and supplies have declined significantly under President Donald J. Trump.
| PULSE POINTS |
❓ WHAT HAPPENED: Prescription drug prices in the United States have recorded their largest annual decline in over 60 years. 📺 DETAIL: Last week, it was revealed that prescription drugs in the U.S. have declined by 3.9 percent since President Donald J. Trump took office. This is the largest annual drop in prescription drug prices since 1963. The price reduction has been attributed to the Trump administration’s Most Favored Nation policy, which mandates that U.S. drug prices align with the lowest prices paid by comparable developed nations. This includes 17 of the largest branded drugmakers in the world, covering 86 percent of the market. The TrumpRx initiative has also been credited for the sharp decline in prices, especially among GLP-1 drugs, such as Ozempic and Wegovy. The price of various other medical resources, such as cholesterol treatments, fertility drugs, inhalers, and insulin, has declined by 50 to 90 percent. According to White House estimates, the decline in drug prices has saved Americans approximately $700 million. Prescription drug prices have fallen every month this year, with non-prescription drugs declining by 2.4 percent. The cost of medical equipment and supplies has also declined by 2.7 percent. 🎯 IMPACT: The newly released highlights the success of the Trump administration on health policy. This data is especially important as Americans rank the affordability of essential goods, such as prescription drugs and medical equipment, as one of their top priorities. As such, the administration’s record-breaking achievement is likely to influence voting behavior ahead of the midterm elections in November. The new figures build on previous reports showing a decline in drug prices. In November 2025, the Trump administration secured a deal to lower the price of GLP-1 anti-obesity drugs. As a result, the drugs, which originally cost over $1000 a month, subsequently cost as low as $149 a month. These stats are also likely to bolster the reputation of Secretary for Health and Human Services Robert F. Kennedy Jr. and the Make America Healthy Again (MAHA) movement. |
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