Uploaded August 2026 | Updated September 2026, 2 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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KFDM is a TX based station and CBS Television affiliate owned and operated by Sinclair Broadcast Group. KBTV is a TX based station and Fox Television affiliate owned and operated by Deerfield Media, Inc and receives certain services from an affiliation of Sinclair Broadcast Group. Sinclair, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates.
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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.
_______________
Follow KFDM on social media:
KFDM on Facebook: facebook.com/KFDMNews
KFDM on Twitter: twitter.com/kfdmnews
Subscribe to KFDM on YouTube: youtube.com/@newsonkfdm/featured
For all of the day’s top local and national news, visit kfdm.com
Watch our live newscasts and other live video at kfdm.com/watch
Have a news tip? Send it directly to us:
Email us: news@kfdm.com
Call the Newsroom: 409.892.6622
KFDM is a TX based station and CBS Television affiliate owned and operated by Sinclair Broadcast Group. KBTV is a TX based station and Fox Television affiliate owned and operated by Deerfield Media, Inc and receives certain services from an affiliation of Sinclair Broadcast Group. Sinclair, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates.
#kfdm #kfdmnews #beaumont #beaumontnews #KFDM #KFDMNews #localnews #breakingnews
