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U.S. Prescription Drug Prices Decline, Federal Data Shows
09/25/2026 · Massachusetts edition
Why it matters locally: The decline in U.S. prescription drug prices could offer some relief to Massachusetts residents and the state's healthcare system, potentially impacting healthcare costs for both individuals and insurers within the Commonwealth.
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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