Medicare Drug Prices May Fall—But Will Your Copay?

President Trump says prescription drug prices will drop soon—but will you actually pay less at the pharmacy? In this video, Dr. Ed Weir, former Social Security District Manager and Medicaid specialist, breaks down Trump’s latest prescription drug price announcement in plain English. What do the new agreements with drug manufacturers mean for people with Medicare Part D, Medicare Advantage, Medicaid, or no prescription drug coverage? We’ll examine who could receive lower prices, when any savings might begin, and why some people may see little or no change. We’ll also explain TrumpRx, “most-favored-nation” pricing, and what these programs could mean for your personal drug costs. Remember: A lower advertised price does not always mean a lower pharmacy bill. Your deductible, copay, coinsurance, drug tier, formulary, pharmacy network, and eligibility for Medicare Extra Help can all affect what you actually pay. Before celebrating—or changing your Medicare or prescription drug plan—get the facts and understand what this announcement may mean for you. Subscribe for clear, straightforward updates about Social Security, Medicare, Medicaid, prescription drug costs, and the benefits that affect your life. #PrescriptionDrugPrices #MedicarePartD #Medicare #Medicaid #TrumpRx

Originally recorded live with Restream.