health
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U.S. Prescription Drug Prices Decline, Federal Data Shows
09/25/2026 · Washington edition
Why it matters locally: While a national trend, lower prescription drug prices could translate to reduced healthcare costs for individuals and public health programs across Washington state, potentially easing burdens on state budgets and family finances.
New federal data indicates a decline in U.S. prescription drug prices. In July, prices decreased by 0.8%. Overall, prices have fallen 3.1% over the past year. This annual reduction represents the steepest year-over-year drop recorded since 1963.
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