this post was submitted on 28 Jul 2026
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politics

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The Trump administration plans to end a subsidy program that helped hold down premiums for Medicare drug plans, a move that could leave many seniors facing higher rates for their prescription coverage next year.

The move will eliminate a program that is giving insurance companies an estimated $3.6 billion in subsidies this year to blunt increases in premiums for the Medicare prescription plans, known as Part D. The program will end after 2026, according to administration officials.

High drug costs are a perennial issue—especially for seniors on fixed incomes—and healthcare affordability is expected to be a focus in the midterm elections. Roughly 25 million people have Part D plans, and they will learn about their 2027 rates in the fall. Medicare drug coverage premiums are rising because the plans have been hit by growing expenses for GLP-1 medications and other specialty drugs.

Original WSJ article paywalled.

top 7 comments
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[–] Assassassin@lemmy.dbzer0.com 31 points 1 hour ago

This is objectively awful and will hurt and kill so many undeserving people. The most frustrating part of it is that so many of the 60+ demographic voted for this. They wanted to kick "lazy people" off the "welfare state", and forgot that they need that same welfare state for their medical needs (Medicare) and retirement income (social security).

It's so sad that so many people have to suffer because such a large portion of the US believes that helping other people is too risky because they might help someone that they don't think needs it.

[–] spaghettiwestern@sh.itjust.works 46 points 1 hour ago* (last edited 1 hour ago) (1 children)

Huge tariffs on generic drugs and now huge increases in prescription drug plan premiums.

Trump is a sadistic, malignant narcissist who loves causing misery and death.

[–] Whostosay@sh.itjust.works 23 points 1 hour ago

Not more than he loves raping children.

[–] ThePowerOfGeek@lemmy.world 10 points 44 minutes ago (1 children)

Remember when he crowed that he was going to bring down Medicare medicine costs by 600%, 700%, 1500%? (Which of course made ZERO sense.)

It's all turned out to be completed bullshit. Just like everything else!

Wow, so so shocked! /s

[–] empireOfLove2@lemmy.dbzer0.com 1 points 7 minutes ago

to bring down Medicare medicine costs by 600%, 700%, 1500%?

Only half lie. Percentage was correct. Direction was not!

[–] MyOpinion@lemmy.today 12 points 1 hour ago

He is such a hero. Starving children and taking medication from the sick and old. MAGAts must be proud.

[–] lemmyng@lemmy.world 2 points 37 minutes ago

ffs somebody do the right thing already!