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Medicare Part D subsidy ends after 2026 — what it may mean for seniors’ premiums

A subsidy that held down standalone Medicare Part D premiums for two years will end after 2026, potentially raising costs for about 25 million enrollees in 2027.

Published Jul 29, 2026, 1:30 PM EDT | LehighValleyLive

Roughly 25 million Americans enrolled in standalone Medicare Part D drug plans may soon see changes to their monthly premiums after the Trump administration announced it’s ending a subsidy program that has helped keep those costs stable for the past two years.