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Trump's Medicare Drug Subsidy Cut Could Hit Millions of Americans' Wallets
NPR Topics: News·Thursday, 30 July 2026
The Trump administration is ending federal subsidies that helped insurers cover Medicare drug plan costs. The subsidies will disappear at the end of the year. Millions of beneficiaries could face higher premiums when the new plans kick in for 2027.
Why It Matters
This is a major policy shift affecting tens of millions of older Americans and signals how the US government is reshaping its healthcare spending.
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