NEW YORK, July 29 — US President Donald Trump’s administration plans to end federal subsidies for prescription drug plans offered to residents over 65 as part of its Medicare...

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.