{
  "id": 1749034,
  "title": "Trump is taking credit for lower list prices. But a Biden-era law did a lot of the heavy lifting",
  "url": "https://urgent.news/2026/08/18/trump-is-taking-credit-for-lower-list-prices-but-a-biden-era-law-did",
  "topic": "health",
  "section": "Health & Medicine",
  "published": "2026-08-18T16:26:00.000Z",
  "source": {
    "name": "Endpoints News",
    "slug": "endpoints-news",
    "url": "https://endpoints.news/trump-is-taking-credit-for-lower-list-prices-but-a-biden-era-law-did-a-lot-of-the-heavy-lifting/"
  },
  "original_language": "en",
  "account": null,
  "summary": "US prescription drug prices have declined, with a 0.8% drop in July and a 3.1% decrease from the previous year, according to federal data. This marks the steepest year-over-year drop since 1963. President Donald Trump has taken credit for the decline, citing his administration's initiatives, including \"most favored nation\" drug deals and the TrumpRx website.\n\nHowever, experts say the situation is more complex, with other factors contributing to the price drop. A law passed during President Joe Biden's term allows Medicare to negotiate with pharmaceutical companies, which may be a significant contributor to the decline, according to Endpoints News and Fortune. The introduction of generic and biosimilar products also drives down prices by increasing competition.\n\nThe prescription drug price index, measured by the Labor Department, reflects the prices pharmacies receive from insurers and consumers, not directly how much consumers pay. Experts, such as Juliette Cubanski from the Program on Medicare Policy, note that it's challenging to understand the underlying factors with a single number.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}