Trump struck deals with 16 drug companies. But they're still raising prices this year
Trump struck deals with 16 drug companies. But they're still raising prices this year
Sixteen major drug companies that made deals with the Trump administration to lower prices still increased prices for some of their drugs in early 2026, with a median hike of 4%. While the White House stated these deals secured discounts for Medicaid and cash-paying customers, the specifics remain confidential. In contrast, some drug prices did decrease for other medications, an outcome potentially influenced by the Biden administration's Medicare drug price negotiations, although the exact impact is debated.
Note
with this administration, anything can be bought. but it's not always with money. the president can be bought with a good marketing op as well, irrespective of long term positive benefit for our country.
Published
2026
Summary
Sixteen major drug companies that made deals with the Trump administration to lower prices still increased prices for some of their drugs in early 2026, with a median hike of 4%. While the White House stated these deals secured discounts for Medicaid and cash-paying customers, the specifics remain confidential. In contrast, some drug prices did decrease for other medications, an outcome potentially influenced by the Biden administration's Medicare drug price negotiations, although the exact impact is debated.
Image
