The Trump administration is ending a Medicare drug subsidy program. Heres how it could affect costs
NEW YORK (AP) — Millions of older adults on Medicare prescription drug coverage could face steeper monthly costs in 2027, after the Trump administration concludes a temporary subsidy program that has helped offset premiums for the past two years. The Centers for Medicare & Medicaid Services this week announced it would wrap up the program, which was initially implemented by the Biden administration in 2024 to lower patients' Medicare Part D prescription drug costs in response to effects of a...
Read MoreThu, 30 Jul 2026
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