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John Wilkerson is a Washington correspondent for STAT who writes about the politics of health care. He is also the author of the twice-weekly D.C. Diagnosis newsletter. Elaine Chen covers biotech, ...

The federal government has announced the results of the latest round of Medicare drug price negotiations: 15 lower drug prices for Medicare to go into effect in 2027. Medicare will get a 71% discount ...

These cuts, amounting to a net savings of $12 billion from last year's Medicare spending, come as the cost of prescription medications remains a significant concern for millions of Americans, ...

The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent. By Rebecca ...

Late on Tuesday, the Trump administration announced price reductions for 15 drugs covered by the Medicare Part D program following negotiations with major drugmakers. The federal government says the ...