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#medicarepartd — Public Fediverse posts

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  1. #Trump admin ends #Medicare drug subsidy

    Around 25 million older adults with #MedicarePartD prescription drug plans could face steeper monthly costs in 2027 after the Trump admin cut a temporary subsidy program that has helped offset premiums for the past 2 years.

    The program was initially implemented by the #Biden admin in 2024 to lower patients’ Part D #PrescriptionDrugs costs in response to effects of the 2022 Inflation Reduction Act.

    #healthcare #affordability #law
    apnews.com/article/medicare-dr

  2. In total, the 10 #drugs selected for negotiation accounted for $3.4 billion in #out_of_pocket #costs for an estimated 9 million #Medicare enrollees in 2022. These drugs are used to treat #HeartFailure, #diabetes, #arthritis, #cancers, #BloodClots, & other conditions.

    Over the next 4 years, Medicare will negotiate prices for up to 60 drugs covered under #MedicarePartD & #MedicarePartB, & up to an additional 20 drugs every year after that.

    #Biden #Harris #Democrats