
November 25, 2025 - Price cuts will save Medicare an estimated $12 billion in prescription drug spending.
The US Government negotiated lower prices in the federal Medicare program for 15 high selling medicines including Ozempic, widening an effort to reduce drug costs.
The new prices, which will take effect in 2027, shave 38% to 85% off the list prices for drugs for diseases including asthma, cancer and diabetes. The reductions are estimated to save Medicare, the health-insurance program for the elderly, $12 billion.