articleThe Brief The Trump administration plans to end a temporary Medicare Part D subsidy program after 2026. The Trump administration announced on Tuesday it will move to end a temporary subsidy under Medicare Part D, a Biden-era program that aimed to keep premiums stable for prescription drug plans. Medicare Part D provides prescription drug coverage for millions of people through private insurance plans. Another roughly 34 million people have Medicare Advantage plans, which are privately run versions of Medicare that often come with prescription coverage. Why you should care:The subsidy will no longer be offered under Medicare Part D in 2027, which means millions of older Americans could face higher Medicare drug premiums next year.