Medicare prescription drug coverage is not being eliminated, but the end of a temporary premium-stabilization program could mean higher monthly costs for some seniors with standalone Part D plans next year.
'TELL IT LIKE IT IS' Health Care News | Medicare & Prescription Drug Coverage
'TELL IT LIKE IT IS' Health Care News has received several questions from readers concerned about reports that the Trump administration is making changes to Medicare Part D.
The change could lead to higher prescription-drug premiums for some Medicare recipients, though we won’t know the full impact until we get more detailed information about 2027 premiums this fall.
Broadly, Medicare coverage has three components: Part A covers inpatient hospital care; Part B covers outpatient medical services, and Part D is prescription drug coverage. Beneficiaries can access that coverage in one of two ways. They can enroll in what’s called traditional or original Medicare, which includes Parts A and B, and add a separate, standalone Part D prescription drug plan. Or they can sign up for what are called Medicare Advantage plans — subsidized plans offered by private insurers that bundle hospital, outpatient, and, typically, prescription drug coverage together.
