Trump administration to end Medicare drug subsidies, putting millions of Americans over 65 at risk of higher costs

Malay Mail

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The Trump administration has announced it will terminate federal subsidies that keep Medicare Part D drug premiums low, a program that has provided insurers with billions in support. The change, set to take effect after 2026, could raise prescription costs for millions of seniors.

NEW YORK, July 29 — US President Donald Trump’s administration plans to end federal subsidies for prescripti...

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