Patients at a pharmacy react to lower drug prices, with a Trump poster visible in the background.
Prescription drug costs are decreasing, a key development in reining in U.S. health care spending. Medicare Director Chris Klomp says new pricing shifts are showing up at the pharmacy counter.
Klomp, speaking on FOX Business’ “Mornings with Maria,” highlighted that policy changes are impacting affordability across the health care system.
He pointed to early signs that pricing pressure is easing, especially for high-demand medications like GLP-1 drugs. Klomp credited President Donald Trump’s actions to lower drug costs through new pricing initiatives for these declines.
“If you need a GLP-1, you’re now paying half of what you were paying just a couple of months ago before he announced those deals,” Klomp said.
Klomp framed the pricing changes as part of a broader effort to address affordability challenges that have prevented many Americans from filling prescriptions.
“That’s solving the problem for a quarter of Americans who can’t pick up a prescription when they get to the pharmacy counter because they can’t afford it right now,” Klomp stated.
The price drop reflects a broader effort to align drug costs more closely with international benchmarks while increasing market competition. GLP-1 medications, commonly used for diabetes and weight management, have become a focal point in the affordability debate as demand continues to climb.
Klomp suggested the changes extend beyond a single drug class, pointing to similar trends in other treatments where costs have historically been a barrier to access. He noted fertility medicine costs have also been approximately halved.
“If you want to grow your family, you need to pick up fertility medicine again. You’re paying about half for those drugs, saving you thousands of dollars per cycle of treatment than you were just a couple months ago,” he said.
These shifts come as policymakers seek ways to reduce out-of-pocket costs while maintaining the long-term sustainability of federal health care programs.
“[Trump’s] delivering on affordability for every American family to be their healthiest self,” Klomp concluded.
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