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US drug prices remain high despite Medicare negotiations
Despite recent Medicare negotiations that reduced prices for 10 key drugs, Americans still pay significantly more than their counterparts in other developed nations.
An analysis shows that, effective January 2026, the new US prices for these medications are over double those in countries like Australia, Canada, and Sweden.
American citizens are also paying thousands more than Sweden and other nations for costly treatments like Imbruvica and Stelara.
While Medicare’s negotiations brought relief, experts say the US continues to overpay dramatically.
They are emphasizing the need for more robust price control measures to align closer with global standards.
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