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Quartz·1 min read·medium

Trump administration is scrapping a Medicare drug plan subsidy that helped keep premiums stable

Cris Tolomia
AI Summary

The Trump administration is ending the Part D Premium Stabilization Demonstration, a program that provided subsidies to insurers to keep Medicare drug premiums stable. This move is expected to impact how drug plan costs are managed for beneficiaries.

The Part D Premium Stabilization Demonstration, which gave insurers billions to hold down drug premiums, will end after this year

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