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Oregon pharmacy group estimates changes coming from federal price negotiation

Politicians have been talking for years about reducing prescription drug prices, and the talk stands a good chance of becoming reality with the passage of the federal Inflation Reduction Act.

The process is gradual, affecting a limited list of drugs at first, then expanding over the next seven years. The Oregon State Pharmacy Association, a trade group, has been analyzing the drug price provisions of the IRA.

A rep from the group visits to talk about potential impacts in the near and long term for Oregon consumers.

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The Jefferson Exchange is Jefferson Public Radio's daily talk show focused on news and interests across our region of Southern Oregon and Northern California. Angela Decker is the senior producer, Charlie Zimmermann is the assistant producer, and Geoffrey Riley hosts the show.