Uploaded August 2026 | Updated September 2026, 3 weeks ago
Prescription drug prices are falling at their fastest annual rate in more than six decades, offering potential relief to Americans who have struggled with the rising cost of medications.
New data shows prescription drug prices are down 3.1% from a year ago, marking the steepest annual decline since 1963. The Trump administration has pointed to greater price transparency, its most-favored-nation drug pricing policy and new prescription discounts as factors contributing to lower costs.
Speaking with The National News Desk, Dr. Ryan Cole, head of medical and scientific affairs and senior fellow of pathology at the Independent Medical Alliance, said the complicated structure of the U.S. prescription drug market has historically contributed to higher prices for American patients.
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Prescription drug prices are falling at their fastest annual rate in more than six decades, offering potential relief to Americans who have struggled with the rising cost of medications.
New data shows prescription drug prices are down 3.1% from a year ago, marking the steepest annual decline since 1963. The Trump administration has pointed to greater price transparency, its most-favored-nation drug pricing policy and new prescription discounts as factors contributing to lower costs.
Speaking with The National News Desk, Dr. Ryan Cole, head of medical and scientific affairs and senior fellow of pathology at the Independent Medical Alliance, said the complicated structure of the U.S. prescription drug market has historically contributed to higher prices for American patients.
_______________
Stay up to date with our social media:
KABB on Instagram: instagram.com
KABB on Facebook: facebook.com/foxsanantonio
KABB on Twitter: twitter.com/kabbfox29
Subscribe to KABB on YouTube: youtube.com/c/KABBFOXSanAntonio
For more information, visit foxsanantonio.com
Have a news tip? Send it directly to us:
Email us: NewsDesk@news4sanantonio.com
Call the Newsroom: 210.442-6397
KABB is a TX based station and an NBC Television affiliate owned and operated by Sinclair Broadcast Group, Inc. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today.
#KABB #KABBFOX29 #NEWS4SanAntonio #KABB29 #SanAntonio
