White House launches discount drug site TrumpRx offering GLP-1 weight loss and other medications at cheaper rates
Trump launches discount prescription drug site
- President Donald Trump announced the official launch of TrumpRx, a new government-run online portal for purchasing discounted prescription drugs, which is set to go live tonight.
- The direct-to-consumer market aims to make medications more affordable for Americans by offering prices equivalent to those paid in foreign countries with single-payer health systems.
- Specific examples include popular GLP-1 weight-loss drugs like Ozempic and Wegovy, with prices expected to drop significantly from over $1,000 to $199.
- This initiative follows months of discussions and agreements with 14 major pharmaceutical companies to adopt a “most favored nation” pricing model.
- However, the impact on voters' affordability concerns may be limited due to rising insurance premiums following the expiration of Covid-era tax credits for Affordable Care Act plans.
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