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Trump Admin Ends Medicare Part D Subsidies, Costs May Rise

7/30/2026

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Story summary
  • President Donald Trump’s administration announced Medicare Part D subsidies will end at end of 2026, with premium rules in 2027.
  • CMS Administrator Mehmet Oz said the subsidies aid corporate insurers and ending them stops a market bailout.
  • An administration official warned the loss could raise costs for half of Part D enrollees.
  • The Kaiser Family Foundation reports subsidies keep Part D premiums at $36 per month and could add $20 for some beneficiaries.