Medicare Part D Subsidy Program Changes Expected to Increase Premiums for Many Enrollees in 2027

A decision by the Trump administration to end a Medicare Part D subsidy program is projected to lead to higher plan premiums for three out of four enrollees in 2027. Reports indicate that approximately 45% of enrollees could face monthly increases of $11-$20, while another 30% may see increases of $10 or less per month.