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2026 Prices for Drugs That Are Subject to Negotiations
The prices were made possible by the Inflation Reduction Act, which granted the health secretary the authority to negotiate on behalf of Medicare.
The Biden administration on Thursday announced the results of negotiations between Medicare and pharmaceutical companies over the prices of 10 costly or common medications. The new prices, which will take effect in 2026, are the maximum Medicare Part D plans and patients will pay for a one-month supply.
It is impossible to tell how much the new prices will save Medicare for each individual drug. The federal government does not disclose the net prices it pays for medications, which take into account the billions of dollars in discounts that reduce Medicare’s spending.
1. Eliquis, for preventing strokes and blood clots, from Bristol Myers Squibb and Pfizer, $231
2. Jardiance, for diabetes, heart failure and chronic kidney disease, from Boehringer Ingelheim and Eli Lilly, $197
3. Xarelto, for preventing strokes and blood clots, from Johnson & Johnson, $197
4. Januvia, for diabetes, from Merck, $113
5. Farxiga, for diabetes, heart failure and chronic kidney disease, from AstraZeneca $178
6. Entresto, for heart failure, from Novartis, $295
7. Enbrel, for autoimmune conditions, from Amgen, $2,355
8. Imbruvica, for blood cancers, from AbbVie and Johnson & Johnson, $9,319
9. Stelara, for autoimmune conditions, from Johnson & Johnson, $4,695
10. Fiasp and NovoLog insulin products, for diabetes, from Novo Nordisk, $119
Noah Weiland writes about health care for The Times. More about Noah Weiland
Rebecca Robbins is a reporter covering the pharmaceutical industry. She has been reporting on health and medicine since 2015. More about Rebecca Robbins
Inside the Biden Administration
Here’s the latest news and analysis from Washington.
Drug Price Limits: The Biden administration announced the results of landmark negotiations between Medicare and pharmaceutical companies over the prices of 10 costly or common medications.
Protections for Transgender Students: The Supreme Court temporarily continued to block Education Department rules intended to protect transgender students from discrimination in several Republican states.
Life After the White House: As he heads into his final months in office, President Biden has more publicly embraced the idea of retirement with a jovial serenity.
Streamlining Customer Support: A set of policies proposed by the Biden administration could make it easier for consumers to cancel subscriptions, speak to customer service agents and get flight refunds.
A New National Monument: Biden designated a national monument at the site of a 1908 race riot that laid waste to a Black community in Springfield, Ill.
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