Trump administration to end Medicare Part D subsidy program in 2027
The Trump administration is ending a key health insurance subsidy program that aimed to keep premiums for seniors’ prescription drug plans in check, claiming that it benefits corporate insurance companies, according to Centers for Medicare & Medicaid Services Administrator Mehmet Oz.
Medicare Part D – the government health insurance program’s prescription drug benefit – is used by tens of millions of older or disabled beneficiaries.
The program’s subsidies are set to expire at the end of the year, the administration announced Tuesday.
That move will likely result in higher prescription costs and increase premiums for about half of recipients, according to an administration official.
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This intentionally pushes more people to the Medicare Advantage scams plans.
It’s a handout to insurance companies. The worst ones. All under the banner of saving tax payer dollars.
Premiums might go down! (Nevermind your drug costs going up).
Premiums might go down!
They won’t. And if asked they’ll just say inflation like it’s a magical incantation.
My first thought as well. I did pharmacy claims support for a major pharmacy chain some years ago, and I didn’t know a whole lot about Medicare going into it, being a 20-something man who already realized Fox News was bullshit at the time. But from what I learned about Medicare “Advantage” plans, I could find very little compelling reason why they would be better than just plain ol’ part D.
If anything, it seemed like it was intended to separate elders from their money. Oh you’ve got the premium (more expensive) Medicare with an exclusive (more restrictive) formulary and doctors network. Like it’s specifically designed for slightly better off retirees who want to feel superior to the plebians with their socialist Medicare. That’s for the poors (more darker), just like public transit.
He’s getting ready for the midterm loss. With that he’ll have a leverage on a potential Democrat majority.
Enjoy getting what you voted MAGA!
Voters 65+ basically broke even in 2024. It’s the 42-56-year olds who did this.
I didn’t blame boomers, or Gen-X. I wasn’t trying to imply it was the fault of any one generation. I said MAGA, which is all encompassing of anyone from any generation that voted R.
Well, only one segment of the population is eligible for Medicare and my comment points out that this segment didn’t vote for it at any appreciable split.
The point is to kill off seniors. To use the social security money for his family and his own pockets.
The changes are anticipated to happen in 2027 and enrollees will find out the new monthly cost later this fall, administration officials said.
I’m guessing “this fall” means November 4th.
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Fuck this fucking fucker to the highest of Fuckativity!
Also all the Project 2025 and other conservative fuckwads who are pulling the strings and letting captain poopy diapers be the face of their ideas. He is fine with them, but this wasn’t his idea.
But conveniently they can go direct to Trump Rx and buy their drugs that way…
Always self serving grift in his acts
Oh, I was puzzling why they’d do something so cruel and unpopular - is trump rx really a thing? I thought it flopped
Looks like it still exists, if it hasn’t been popular why not torment people to try and force some profit…
It only covers a small fraction of drugs out there. It’s really more for show than for use.
Trump RX is literally just Good Rx but he slapped his name on it. The paper trails show it’s the same org.
Insurance won’t even cover the cost of lube for the gargantuan ass-fucking we’re doing to ourselves.