The Trump administration plans to end a subsidy program that helped hold down premiums for Medicare drug plans, a move that could leave many seniors facing higher rates for their prescription coverage next year.
The move will eliminate a program that is giving insurance companies an estimated $3.6 billion in subsidies this year to blunt increases in premiums for the Medicare prescription plans, known as Part D. The program will end after 2026, according to administration officials.
High drug costs are a perennial issue—especially for seniors on fixed incomes—and healthcare affordability is expected to be a focus in the midterm elections. Roughly 25 million people have Part D plans, and they will learn about their 2027 rates in the fall. Medicare drug coverage premiums are rising because the plans have been hit by growing expenses for GLP-1 medications and other specialty drugs.
Original WSJ article paywalled.
Another installment of Trump is determined to destroy everything remotely good
Huge tariffs on generic drugs and now huge increases in prescription drug plan premiums.
Trump is a sadistic, malignant narcissist who loves causing misery and death.
Not more than he loves raping children.
I would argue that causes misery (and, unfortunately, probably death, too).
That is fair. And allegedly death, there’s already a story on that
Next do pharma CEOs because drug pricing justification is pure fiction.
The Luigi Option should always be kept in reserve
The GOP is.
Trump is just part of the problem.
Don’t forget all the prescription drugs not crossing hormuz
Thank God all my international darknet market purchases are air mail.
This is objectively awful and will hurt and kill so many undeserving people. The most frustrating part of it is that so many of the 60+ demographic voted for this. They wanted to kick “lazy people” off the “welfare state”, and forgot that they need that same welfare state for their medical needs (Medicare) and retirement income (social security).
It’s so sad that so many people have to suffer because such a large portion of the US believes that helping other people is too risky because they might help someone that they don’t think needs it.
My mother back in the 80s proudly explained to us that even though she could get food stamps, she wouldn’t since that would make her a bad person.
It makes me angry with myself that I don’t care anymore.
As you said, they voted for this.
Fuck those people. Maybe if this were still the first term, but its not, they went gleefully running back.
Fuck those people. Boo hoo, your drugs are unaffordable and you will die without them. You wanted this. Everyne fucking told you this and all the other awful shit happening was going to happen. But you picked it anyway.
Eh, I wouldn’t be angry with yourself about it. I feel largely the same most of the time. I think it’s natural to stop having sympathy for people when they have been told and demonstrated the effects of electing the fucking guy over and over. They want the blood of so many different groups of innocent people, why give a shit about what happens to them?
At the same time, I don’t really want anyone to die because they can’t afford healthcare.
My mother has bitched about “Obamacare” for years now. I’m sure this will be his fault too.
I mean Trump won the first time in part because racist America hated Obama so much.
Thanks Obama
I know it seems heaven sent, we ain’t ready to have a black president.
And he was right. The US lost their mind and went with further right. Trump is a symptom not the cause.
Cue a bunch of these fucksticks saying stupid shit like they “didn’t vote for this” or that he’s “not hurting the people he needs to be hurting”.
Imagine, being motivated to vote for a candidate in order to try to hurt others. Not to really make your life any better, no sir.
100%.
I hope the people who voted for this suffer. Sorry, not sorry, ignorance and obviousness is no longer an excuse in my book.
Remember when he crowed that he was going to bring down Medicare medicine costs by 600%, 700%, 1500%? (Which of course made ZERO sense.)
It’s all turned out to be completed bullshit. Just like everything else!
Wow, so so shocked! /s
to bring down Medicare medicine costs by 600%, 700%, 1500%?
Only half lie. Percentage was correct. Direction was not!
You mean this will start right after Democrats have a chance to take over the House and Senate? I feel like I’ve seen this before.
don’t worry, this won’t happen
He is such a hero. Starving children and taking medication from the sick and old. MAGAts must be proud.
Reader, they are. It’s . . . bad.
It’s time for a general strike. Grinding this economy to a fucking halt is the only way we get what we want from these fucking morons.
ffs somebody do the right thing already!
The right doing their thing is what got us here in the first place!
Healthcare Affordability a focus in the midterms?What midterms? Not the precooked ones lmao.
All those old folks and Medicare red state disabled MAGAs that voted for trump because scary darker-skinned people and all America needs is a good curb-stomping gestapo to put all those uppity commie starbucks-drinking protesters in their place are now going to reap the benefits of their vote yet again…with higher drug prices.
Makin’ 'Merica Even Greater Again!!!
