Medicare negotiations, Honest Company, wealth building: Wealth!

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On today's episode of Wealth!, host Brad Smith discusses key topics including Medicare negotiations on drug prices, consumer retail trends, and how younger Americans are choosing to build their wealth.

In a historic move, Medicare has successfully negotiated lower drug prices for the first time ever, affecting 10 of the highest-priced prescription drugs. Yahoo Finance senior health reporter Anjalee Khemlani is joined by Dr. Meena Seshamani, Center for Medicare and Medicaid Services Deputy Administrator and Director of the Center for Medicare, to discuss the historic outcome.

Next, the focus shifts to consumer behavior as The Honest Company (HNST) CEO Carla Vernón discusses the online retailer's latest earnings results, as well as what the company is seeing in consumer spending amid a high-inflation environment.

Finally, Bank of America Private Bank head of art services Drew Watson highlights how younger Americans are building their wealth through collecting art.

This post was written by Angel Smith