Story perspectives

Trump Ends Medicare Part D Stabilization Early, Raises Premium Concerns

8/7/2026

Summary

Story summary

U.S. President Donald Trump’s administration announced the Medicare Part D Premium Stabilization Demonstration Program will end on December 31, 2026, a year early.
New York Governor Kathy Hochul said about 1.3 million seniors in New York could be affected.
Senator Kirsten Gillibrand warned the move could trigger a 40 percent rise in Part D premiums.
CMS Administrator Dr. Mehmet Oz said most premiums will increase by less than $10, with many beneficiaries seeing lower costs.

1 of 1

Story summary

U.S. President Donald Trump’s administration announced the Medicare Part D Premium Stabilization Demonstration Program will end on December 31, 2026, a year early.
New York Governor Kathy Hochul said about 1.3 million seniors in New York could be affected.
Senator Kirsten Gillibrand warned the move could trigger a 40 percent rise in Part D premiums.
CMS Administrator Dr. Mehmet Oz said most premiums will increase by less than $10, with many beneficiaries seeing lower costs.