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.
31 Comments
spaghettiwestern@sh.itjust.works · 141 pts · 38d
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.
Whostosay@sh.itjust.works · 58 pts · 38d
Not more than he loves raping children.
presbypenguin@reddthat.com · 8 pts · 38d
I would argue that causes misery (and, unfortunately, probably death, too).
Whostosay@sh.itjust.works · 2 pts · 38d
That is fair. And allegedly death, there's already a story on that
Thebeardedsinglemalt@lemmy.world · 7 pts · 38d
Don't forget all the prescription drugs not crossing hormuz
Abyssian@lemmy.world · 2 pts · 38d
Thank God all my international darknet market purchases are air mail.
SaveTheTuaHawk@lemmy.ca · 4 pts · 37d
Next do pharma CEOs because drug pricing justification is pure fiction.
BarneyPiccolo@lemmy.today · 2 pts · 37d
The Luigi Option should always be kept in reserve
AmyAye@nord.pub · 4 pts · 37d
The GOP is.
Trump is just part of the problem.
Assassassin@lemmy.dbzer0.com · 85 pts · 38d
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.
stoly@lemmy.world · 30 pts · 38d
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.
TrickDacy@lemmy.world · 17 pts · 38d
My mother has bitched about "Obamacare" for years now. I'm sure this will be his fault too.
Frozengyro@lemmy.world · 11 pts · 38d
I mean Trump won the first time in part because racist America hated Obama so much.
Thanks Obama
Notyou@sopuli.xyz · 2 pts · 37d
And he was right. The US lost their mind and went with further right. Trump is a symptom not the cause.
CharlesDarwin@lemmy.world · 8 pts · 38d
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.
AlecSadler@lemmy.dbzer0.com · 6 pts · 38d
100%.
I hope the people who voted for this suffer. Sorry, not sorry, ignorance and obviousness is no longer an excuse in my book.
AmyAye@nord.pub · 6 pts · 37d
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.
Assassassin@lemmy.dbzer0.com · 4 pts · 37d
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.
ThePowerOfGeek@lemmy.world · 36 pts · 38d
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
empireOfLove2@lemmy.dbzer0.com · 11 pts · 38d
Only half lie. Percentage was correct. Direction was not!
MyOpinion@lemmy.today · 24 pts · 38d
He is such a hero. Starving children and taking medication from the sick and old. MAGAts must be proud.
homesweethomeMrL@lemmy.world · 10 pts · 38d
Reader, they are. It’s . . . bad.
ServeTheBeam@lemmy.world · 20 pts · 38d
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.
bjc@scribe.disroot.org · 2 pts · 38d
don't worry, this won't happen
jackal@infosec.pub · 14 pts · 38d
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.
lemmyng@lemmy.world · 9 pts · 38d
ffs somebody do the right thing already!
Astronut@lemmy.zip · 4 pts · 38d
The right doing their thing is what got us here in the first place!
nightwatch_admin@lemmy.world · 3 pts · 38d
Healthcare Affordability a focus in the midterms?What midterms? Not the precooked ones lmao.
FreshParsnip@lemmy.ca · 3 pts · 37d
Another installment of Trump is determined to destroy everything remotely good
RememberTheApollo_@lemmy.world · 2 pts · 38d
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.
CharlesDarwin@lemmy.world · 1 pts · 38d
Makin' 'Merica Even Greater Again!!!!