The Trump administration will end a Medicare Part D subsidy program after 2026. Insurers have gained enough experience to price plans accurately without this support. CMS Administrator Dr. Mehmet Oz stated premiums will increase by less than ten dollars. Many Medicare recipients may even see their premiums decrease next year. This decision impacts millions of older Americans relying on prescription drug coverage.

The Trump administration will end a Medicare Part D subsidy program after 2026. Insurers have gained enough experience to price plans accurately without this support. CMS…

The subsidies are set to end a year ahead of schedule

Millions could face steeper monthly costs

CMS said it will soon no longer provide Medicare Part D, or federal subsidies meant to keep premiums stable for prescription drug plans.