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News in English (USA) / 29.07.2026 / 04:00

Trump Administration Plans to End Medicare Drug Subsidy, Impacting Seniors

The Trump administration has announced plans to terminate the subsidy for Medicare drug premiums, which has helped temper drug costs for seniors. Reports indicate that this decision could lead to a significant surge in drug costs for Medicare beneficiaries, as the subsidy program is set to be discontinued. Experts predict that Medicare Part D premiums may rise sharply as a result of this policy change. Stocks of companies like CNC, UNH, CVS, and HUM have already shown declines in after-hours trading following the news. The end of this program is likely to burden seniors with higher healthcare costs, raising concerns over affordability.
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