Trump will end subsidies for Medicare drug premiums
Millions could pay more for their prescription drug coverage next year.
From The Times
July 29, 2026

The Trump administration announced this week that it intended to end a Biden-era program that has helped to lower the cost of monthly premiums for drug coverage for people on Medicare.

A man in a white medical coat stands in a pharmacy, with rows of shelves stocked with prescription drugs in the foreground.

Hiroko Masuike/The New York Times

The decision means millions could pay more for their prescription drug coverage next year. →

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