The Trump administration has announced it will end a temporary subsidy that reduced monthly Medicare premiums by an average of $16, meaning costs are likely to rise for older Americans from 2027.
The Centers for Medicare and Medicaid Services (CMS), run by Dr Mehmet Oz, announced it will allow Medicare Part D – the government health insurance program’s prescription drug offering, used by tens of millions of older or disabled beneficiaries – to expire at the end of the year.
