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Trump Administration Cuts GLP-1 Weight Loss Drug Costs to $50 Monthly for Medicare

By Egleze Editorial Desk · Published July 3, 2026 · Reality Check with Ross Coulthart · Are GLP-1s miracle drugs? Dr. Oz weighs in | Elizabeth Vargas Reports
Trump Administration Cuts GLP-1 Weight Loss Drug Costs to $50 Monthly for Medicare
Reality Check with Ross Coulthart
Reality Check with Ross Coulthart
Are GLP-1s miracle drugs? Dr. Oz weighs in | Elizabeth Vargas Reports

What was said

"STARTING YESTERDAY, EVERYBODY ON MEDICARE WHO WOULD THAT ALREADY ELIGIBLE FOR THESE GLP ONE THATS SHOTS AS THE PRESIDENT CALLS THEM BECAUSE OF HIS HARD WORK ON THESE MFN MOST FAVORED NATION DRUG PRICING NEGOTIATIONS. WE BE ABLE TO NEGOTIATE THE PRICES DOWN SO YOU CAN AFFORD THESE MEDS. NOW THEY'RE $50 A MONTH."

Dr. Mehmet Oz announced a new federal program making GLP-1 weight loss medications available to Medicare beneficiaries for $50 per month, down from prices that previously made them accessible primarily to affluent Americans. The program launched yesterday through most favored nation drug pricing negotiations and had already enrolled thousands overnight. Oz stated the initiative aims to address that 70% of healthcare spending stems from chronic illnesses related to weight, potentially saving taxpayers money while expanding access beyond wealthy zip codes.

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Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.

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Reality Check with Ross Coulthart
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Are GLP-1s miracle drugs? Dr. Oz weighs in | Elizabeth Vargas Reports
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Reality Check with Ross Coulthart
Reality Check with Ross Coulthart

Are GLP-1s miracle drugs? Dr. Oz weighs in | Elizabeth Vargas Reports

July 3, 2026 · 5m · 1 Egleze moments
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