Trump Admin, Major Drugmakers Make Agreement to Lower Medicaid Prescription Costs
Trump has now reached deals with 14 companies to lower drug prices.
President Donald Trump and the largest drug manufacturers have reached an agreement to lower Medicaid prescription drug costs.
The companies are Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis, and Sanofi.
I’m thrilled to be joined by the leaders of nine of the world’s largest pharmaceutical manufacturers, all very big names, celebrities in their own right, very, very powerful people, and they had some of the most admired companies anywhere in the world.
It’s a great group to announce that they’ve agreed to offer many of their flagship drugs, really all of their flagship drugs, at heavily discounted Most Favored Nations prices.
In other words, whatever the drug sells for over the world. In the world, whatever the lowest number is, if it’s Germany, we will match that price right now, sometimes it’s 10 times higher. We’ve been laughed at and scoffed at for years, for years. In fact, I was going to do it in my first term, but unfortunately, with the advent of COVID, as you would say, it was not, I don’t think it was a very good time to be hitting up Spain, Italy, France, but now we’re doing it. So the hardest thing to do is going to be to get a country to do it, because we would have a bill in New York that was for sale for $130 and you could buy it in Germany and France and Spain and someplace.
Anyways, they set their own prices for $10 so we’d pay 10 or 13 times more. Pay five times more, pay all different prices. Now, whatever the lowest price is, now, the pharmaceutical companies were difficult, but they also love our country. They knew it was unfair, but in the end they were great. I appreciate it.
🚨 @POTUS: I'm thrilled to be joined by the leaders of nine of the world's largest pharmaceutical manufacturers to announce that they've agreed to offer many of their flagship drugs at heavily discounted, Most Favored Nation prices. 🔥 pic.twitter.com/dvFJTdCZMO
— Rapid Response 47 (@RapidResponse47) December 19, 2025
The fact sheet from the White House said that all of the agreements “will provide every State Medicaid program in the country access to MFN (Most Favored Nations) drug prices on products made.”
Trump has now reached deals with 14 companies to lower drug prices.
Last month, Eli Lilly and Novo Nordisk agreed to lower the prices of weight-loss drugs.
Trump listed a few price reductions:
As an example of the price reductions we have secured through these new agreements, Santa Fe will cut the cost of its blood thinner Plavix from $750 to less than $16. Wow. Where’s Santa Fe? Where are you? What? That’s incredible. Huh, could have gone to $17. That’s amazing. And you’re going to do tremendous business. You’re going to do much more business.
So that’s coming from $750 think of that. $750 and that’s the number one blood thinner. I don’t want to know about that. I take an aspirin to less than $16, think of that.
Bristol Myers Squibb, a great company, both great companies, will cut the price of HIV medication from nearly $1,500 to $217 and it will cut the cost of Hepatitis B medication Bariclude from $1,400 to $413.
Gilead will cut the Hepatitis C medication, EP Lusa, from nearly $25,000 to less than $2,500 and all prices are like that because we’re bringing them down to the world’s lowest price. Everything.
WATCH: @POTUS lists some of the massive price reductions Americans will see as a result of the agreements made with pharmaceutical manufacturers:
"Sanofi will cut the cost of its blood thinner… from $750 to less than $16." https://t.co/7Yu8XWfA2e pic.twitter.com/VuXQhnOCP0
— Rapid Response 47 (@RapidResponse47) December 19, 2025
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Comments
Imagine making deals instead of the government demanding that they providers can only bill at unsustainably low prices.
Imagine billing for unnecessary procedures at inflated prices.
Please. That’s only necessary because Medicare and Medicaid cost more to treat than they bring in. The government rips us off and them.
So you don’t dispute that they cheat the patient, you just pretend to justify it.
They do unnecessary things for two reasons:
1. We have issues with a litigous society, so even if there’s only a remote possibility, sometimes it is better to do inane things in certain situations because the downside risk is greater.
2. Hospitals overbill insurance companies to make up shortfalls from Medicare and Medicaid. It is an obvious problem with little offered from either side as a solution. Personally, I’d rather have my doctors get paid than have the highly overpriced care get worse. The system is breaking but it’s not broken like the UK NHS where overworked, underpaid docs make tons of mistakes and don’t have the time or staff to get through all the red tape for even life saving procedural care needs.
Also, you might think by my username I have a dog in this fight. I don’t. I just know the reality of the effed up situation and you’re being a bit short sighted and the umbrella of blame to go around.
The point of this is to force other countries to pay their fair share, These companies should still make money, as they raise international prices to be profitable.
Not a bad plan at all. Both the taxpayer and private US capital spend all the money and absorb all of the risk doing the research and drug discovery in the US then the other countries benefit and take the drugs from us on the cheap. It’s another form of robbery by being lousy partners just like NATO.
Imagine companies not having to recoup regulatory and research costs on the back of the American consumer because foreign countries force them to charge artificially low price to access their markets.
Even more to the point, imagine a world where foreign governments can bully American pharma to price their drugs at a loss, but the US government isn’t allowed to engage in the same negotiations.
This is great, but i see that Abbott is not listed, does that mean they want to continue gouging Americans?
Trump may have had to twist their arms a bit. And I wonder what the effect on new drug research will be. But overall: a win!
Medicade …..Govt Meaning our tax money glad about that
But
Would love for everyday people to get medication at a decent price
We will pay more so Medicaid recipients pay less. Trump left out that part.
Where do you see that? I don’t think it means Medicaid is paying more for the same drugs
Meh. You gotta wait it out to see what the ACTUAL LANGUAGE says.
No tax on Social Security. No tax on tips. No tax on overtime.
Then it turns out the REAL language says nothing like that.
Please, they have made trillions on the back of the American consumer
They have plenty money for “research”
And maybe research on existing drugs for other uses, like
Ivermectin!!!
Good god…the ivermectin miracle pill myth that just won’t die.
Myth 😂😂😂
So it treats everything now? Y’all gotta stop with parroting the podcast bait.
You’re also messing with something that is a paralytic at high doses (to both parasites and humans).
I’m not trying to sell you anything and don’t try to sell me the Joe Rogan “miracle drug.” I’ll just say be careful taking it every day for the rest of your life as some are doing.
Ya gotta eat the sandrats RAW, Bancroff.
Whatever. Big fecking deal. Ya Ya Ya. Big Pharma won’t be losing any money. They’ll lower the prices for medicaid and then to make up for being forced to reduce medicaid prices they’ll quickly and quietly raise the prices for all the rest of us.
Hey Donnie, now about working to reduce the cost of medications for those not on any government welfare programs like medicaid. You know the rest of use. Then I might be impressed with your actions. Because right now, you have done squat for the common person and I’m less than impressed with your actions.
Actually, some medicines are now cheaper through out of pocket programs than insurance these days. That is part of the system correction that needed to happen. Insurance companies were basically overcharging copays for drugs that are negotiated cheaper if you cut out the middle man.
We , the tax payers pay the difference and we get it both ways
Oh yes, Big Pharma is so noble when they say, “We will cut prices for all medicaid recipients . . . ” but they then fall to complete the phrase. ” . . . but will be raising medication prices for everyone else to cover the bottom line loss so our profits won’t be affected”.
We (Big Pharma) will cut prices for medicaid recipients but will be raising medication prices for everyone else to cover the bottom line loss so our profits won’t be affected by the price reduction.
And if you don’t believe that then I don’t really know what to tell you other than expect prices increases on the basic drugs that people need on a daily basis.
That is all.
Federal government involvement in providing “free” (Medicaid) and severely discounted, below-market cost healthcare (Medicare/Obamacare) is the single largest contributor to healthcare cost inflation and drug pricing inflation.
I think you may be mistaken about this. Medicaid (especially) and Obamacare pay so much less than other health insurances that providers are reluctant to accept them.
Unintended consequences (probably) of Trumps interference in drug pricing.
My medicare advantage plan which I like was discontinued. Why? Because Blue Cross couldn’t clear enough money, They were balancing what they received from from drugs with costs in other areas. Reducing the amount I paid in drugs meant that money had to come from somewhere else. They couldn’t make it work in my plan so the cancelled it.
I have a new medicare advantage plan for next year. It’s a HMO not a PPO. My copays are all more expensive. My out if pocket max is doubled, Some of the benefits I had disappear. I’m not happy about it but it is the best of the alternatives.
Government fiddling with health plan coverages is like fiddling with an old spaghetti code computer program. Fix 10 bugs, 10 or more pop up elsewhere. I just want them to leave the damn things alone.
It’s unbelievable how many so called conservatives I see here parroting the lines of Occupy and Antifa about the greedy rich evil people.
You all just want to give the failed social experiment of free health care a pass with your nonsense.
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