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The Latest Breaking News from Prescription Drug

A Practical Guide to Medicare Part D Penalty Rules That Can Follow You for Years

Medicare Part D penalties rank among the most frustrating surprises in retirement because a single missed enrollment window can affect prescription drug costs for years. Many people focus on doctor visits and hospital coverage, then discover much later that drug coverage follows a completely different set of rules.

The Free Financial Advisor

A Closer Look at Medicare Part D Penalty Details That Can Raise Costs for Years

Missing your Medicare Part D enrollment deadline might not seem like a big deal, especially if you don’t take any prescription medications. But that decision...

Saving Advice

What to Know About Medicare Costs Seniors Should Put on Their 2027 Watchlist Now

If you’re living on a fixed income, even a small increase in healthcare costs can have a noticeable impact on your monthly budget. While the...

Saving Advice

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Free Prescription Help Programs Many Medicare Beneficiaries Overlook

Prescription drug costs remain one of the biggest financial challenges for many retirees, even with Medicare coverage. While Medicare Part D helps pay for medications,...

Saving Advice

Trump Administration Pulls the Plug on a Medicare Subsidy That Cut Drug Premiums— Oz Says the 'Bailout' Is Over as Seniors Brace for 2027 Hikes

The Centers for Medicare & Medicaid Services (CMS) announced Tuesday it will end the Medicare Part D Premium Stabilization Demonstration after the 2026 plan year, ending a federal subsidy program that has helped keep prescription drug premiums lower and could result in higher costs for some seniors beginning in 2027.

Benzinga

Trump administration to end Medicare Part D subsidy after 2026

The Trump administration will end a Medicare Part D subsidy program after 2026. Insurers have gained enough experience to price plans accurately without this support. CMS Administrator Dr. Mehmet Oz stated premiums will increase by less than ten dollars. Many Medicare recipients may even see their premiums decrease next year.…

The Economic Times

Elissa Slotkin Warns Trump's Generic Drug Tariffs Risk Raising Prescription Costs: 'You, the Customer, Will Pay That Price'

Sen. Elissa Slotkin (D-Mich.) warned that President Donald Trump’s proposed tariffs on generic prescription drugs could increase costs for patients, arguing that allowing Medicare to negotiate broader drug prices would be a more effective way to lower healthcare expenses.

Benzinga

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Before Taking Magnesium, Check These 5 Potential Drug Interactions

Magnesium supplements have become increasingly popular for supporting sleep, muscle function, and overall wellness. While they can be beneficial for many people, they are not risk-free when combined with certain medications. In some cases, magnesium can reduce how well a prescription drug is absorbed, making the treatment less effective. Understanding…

Budget and the Bees

Mark Cuban Says PBMs Put Shareholders Ahead of Patients: 'It's a Racket'

Billionaire entrepreneur Mark Cuban criticized pharmacy benefit managers and health insurers, arguing that the industry’s structure rewards shareholder returns over reducing prescription drug costs for employers and patients.

Benzinga

TrumpRx Explained: Why the Drug Discount Site Was 'Never Meant' for Insured Americans as Only 7% Visited It

A senior HHS official says TrumpRx was never meant for insured Americans, as KFF polling shows just 7% of prescription drug users have visited the discount site.

International Business Times UK

Prescription Drug Prices Fell in May CPI, But Hospital Services Rose—What Seniors Should Know

Inflation doesn’t affect every healthcare expense the same way, and the latest Consumer Price Index (CPI) is proof. In May, the cost of prescription drugs...

Saving Advice

Thousands of Medicare Seniors Lost Prescription Drug Coverage Over Small Unpaid Premiums

Medicare Part D seniors are losing drug coverage over unpaid premiums as small as $8 after mid-year increases. Here's how to get reinstated and what rights you have now.

Medical Daily

How the 2026 Medicare Part D Out-of-Pocket Cap Changes Prescription Budgeting

A 2024 report from the Centers for Disease Control and Prevention (CDC) showed that 9 in 10 older adults rely on prescription drugs to maintain...

Saving Advice

The Drug Pricing Machine and Why Patients Keep Paying More

Roughly a third of American adults report difficulty paying for prescription drugs, and many are forced to skip doses, delay refills, or abandon treatment altogether.

International Business Times

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The Free Financial Advisor

Low-Income Seniors Are Losing Extra Help Eligibility Without Any Notice

A growing number of low-income seniors are waking up to an unwelcome surprise at the pharmacy counter: their Medicare Extra Help has vanished. This program, officially known as the Part D Low-Income Subsidy, helps cover prescription drug costs for people on tight budgets. When it disappears without warning, out-of-pocket medication…

The Free Financial Advisor

Part D Costs Are Rising for Seniors on Fixed Incomes Despite New Reform Rules

Prescription drug bills continue to squeeze retirement budgets, even as lawmakers introduce new Medicare changes meant to bring relief. Seniors enrolled in Medicare Part D now face a confusing mix of savings caps, rising premiums, and shifting plan structures. Many households expected reforms to ease financial pressure more quickly, but…

France 24

Pharmaceutical industry becomes geopolitical battleground as US threatens tariffs

The global pharmaceutical industry has found itself at the heart of geopolitical and trade tensions. The Trump administration has pushed policies to promote the sovereignty of US drugmakers, threatening tariffs on manufacturers or countries, and vowing to reduce prescription drug prices for Americans.

The Free Financial Advisor

Ohio Retirees Are Paying More for Prescription Drugs Even After Medicare Reform Changes

Ohio retirees continue to feel a squeeze at the pharmacy counter even after Medicare reform changes aimed at lowering prescription drug costs. Monthly medication bills keep climbing for many seniors who expected relief from federal updates to Medicare Part D and recent policy adjustments. Pharmacies across Ohio report more seniors…

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The Free Financial Advisor

Medicare Could Lower Some Seniors’ Prescription Costs by Thousands in 2026

Big changes are lining up for Medicare in 2026, and they could reshape how much seniors pay at the pharmacy counter in a very real way. Prescription drugs often drain retirement budgets faster than many other healthcare expenses, especially for people managing chronic conditions like diabetes, arthritis, or heart disease.…

The Free Financial Advisor

7 Medicare Costs Rising Faster Than the 2027 Social Security COLA Forecast

Retirees across America face a financial squeeze as Medicare expenses continue climbing faster than projected Social Security COLA adjustments for 2027. Many households already stretch fixed incomes, and healthcare costs keep tightening that gap in frustrating ways. Inflation in medical services, prescription pricing, and insurance overhead drives much of this…

International Business Times UK

Donald Trump Slathers Bruised Hand in Makeup After Admitting He Ignores Doctors' Orders to 'Thin His Blood'

Donald Trump used a White House event to promote a new federal prescription drug website as his heavily made-up, bruised right hand again raised questions about his health and medical habits.

The Economic Times

US drugs site TrumpRx to list 600 generics as Donald Trump targets lower prices

President Donald Trump is expanding access to affordable medicines. The government website TrumpRx.gov will now list over 600 generic drugs. This includes common treatments for cholesterol and diabetes. The initiative aims to lower prescription drug costs for Americans. Prices will be integrated from various sources. This move seeks to provide…

The Independent UK

‘He made a mistake’: Trump welcomes Mark Cuban at healthcare event after billionaire previously backed Kamala Harris

Cuban, a past critic of Trump, joined the president for an event touting the discount prescription drug site TrumpRx

The Guardian - US

President says he’s adding ‘over 600’ prescription drugs to TrumpRx site

Trump claims number of available medications available via the discount program will increase nearly sevenfold

The Conversation

Drug shortages continue to be a problem in the UK – yet strengthening supply chains alone won’t solve this issue

The UK continues to experience shortages of many common prescription drugs, despite efforts to strengthen supply chains.

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