Medicare Part D subsidy ending: Trump administration cuts Biden-era premium stabilization program Trump administration ends Medicare Part D Premium Stabilization Demonstration, effective 2027. CMS Administrator Mehmet Oz says program gave “billions of taxpayer money” to insurance companies. Congressional Budget Office projects Inflation Reduction Act will increase federal deficit by $700 billion, contrary to original savings estimates. Most enrollees face premium increases of less than $10 monthly; some may see decreases. Decision comes as CBO confirms Part D costs rising 35% for 2026, far exceeding original 5% projection. A Biden-era bailout ends The Centers for Medicare & Medicaid Services announced Tuesday…
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