Prescription Drugs
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Jul 29, 2026
06:47
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World
Billions in cuts: Trump administration to end drug subsidies
The administration of US President Donald Trump announced this evening (Tuesday) that it will end the subsidy program designed to curb the rise in premiums for prescription drug insurance plans under Medicare Part D. The decision is expected to affect about 25 million enrollees, with many potentially paying more for drug coverage starting in 2027.
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