Wake Up Tri-Counties Phil Kerpen Discusses Medicare Drug Pricing and Prescription Costs

Phil Kerpen, President of American Commitment, joined Ken Peel on Wake Up Tri-County to discuss Medicare drug pricing and recent declines in prescription costs. Kerpen argued the reported 3.1 percent drop in drug prices is tied to Trump-era competition policies, not the Inflation Reduction Act. He criticized federal price controls, saying they may discourage drug development, especially cancer research. Kerpen also urged patients to compare cash prices with insurance prices at the pharmacy, noting some prescriptions may cost less without insurance processing. He said broader direct-to-consumer sales and international trade pressure could further affect drug prices.