German Drug Price Hikes Could Cost Insurers Billions

A new Harvard study reveals that proposed drug price hikes in Germany could cost health insurers an extra $6.2 billion annually. The research suggests such increases would offer little financial relief to the United States while driving up spending globally.

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FILE PHOTO: CEO of GSK Dame Emma Walmsley holds an inhaler as she speaks during an event held by U.S. President Donald Trump to make an announcement about lowering the cost of drug prices, at the Roosevelt Room of the White House in Washington, D.C., U.S., December 19, 2025. REUTERS/Evelyn Hockstein/File Photo

Germany's statutory health insurers face $6.2 billion in additional annual costs if drug prices rise to meet United States policy pressures, a Harvard Medical School study showed on Wednesday.