NYT
Trump Will End Subsidies for Medicare Drug Premiums
Tuesday, July 28, 2026
President Donald Trump announced a plan to eliminate federal subsidies for Medicare drug premiums beginning in 2027. The subsidies currently reduce out-of-pocket costs for beneficiaries enrolled in Medicare Part D plans. According to Trump's announcement, the change would affect millions of Medicare beneficiaries across the country.
Original reporting: https://www.nytimes.com/2026/07/28/business/medicare-drug-subsidies-part-d.html