Trump Administration Ends Program that Kept Medicare Premiums Down
TL;DR AI
2 min readKey summary
The Trump administration has ended a federal premium-stabilization demo that helped keep standalone Medicare Part D drug plan premiums low.
The Biden-era program offset insurers’ added risk after Part D was redesigned to shift more costs onto plans.
CMS says insurers now have enough experience to price plans without extra federal support, but premiums are likely to rise.
About 25 million Medicare beneficiaries are affected, and at least 11 million could face higher premiums or fewer plan choices.