Price Negotiations lower costs on lifesaving prescription drugs for Montanans

Press release

U.S. Sen. Jon Tester announced last Thursday that the cost of 10 lifesaving prescription drugs will officially be lowered as a result of the first price negotiations authorized by the Inflation Reduction Act.

An estimated nearly 25,000 Montana seniors on Medicare will see cost savings up to 79% thanks to Tester’s law, and Medicare enrollees across the country are expected to save $1.5 billion on out-of-pocket costs when the new prices go into effect.

The reduced prices for Montanans were announced today as a result of Tester’s law and will go into effect on January 1st, 2026. Tes...