Trump Will End Subsidies for Medicare Drug Premiums
NYT > Business·July 28, 2026

President Trump plans to end subsidies for Medicare drug premiums, which may result in higher costs for millions of older Americans. The change is expected to take effect next year, affecting those who rely on Medicare for their prescription drug coverage. This move could lead to increased financial burdens for seniors who depend on Medicare to afford their medications. Millions of older Americans may see their out-of-pocket expenses rise as a result.
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