Trump to End Medicare Part D Subsidies After Vowing to “Protect” Program in 2024
On Tuesday, the Trump administration announced its plans to end a subsidy program for Medicare Part D, which has helped lower prescription drug costs for tens of millions of enrollees in the program for the past two years. The Biden-era program provided subsidies to insurance companies, which in turn lowered the cost of drugs for seniors in Medicare. If repealed, many enrollees in the program…
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