This $9.8B Medicare subsidy was just ended — and millions are worried about Plan D. Will you be paying more in 2027?

This $9.8B Medicare subsidy was just ended — and millions are worried about Plan D. Will you be paying more in 2027? Vishesh Raisinghani Mon, August 17, 2026 at 12:05 PM EDT 5 min read David Geber/ Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. For about two years, the federal government has kept a lid on Medicare drug premiums for millions of Americans. That arrangement is over. On July 28, 2026, the U.S. Centers for Medicare and Medicaid Services (CMS) (1) announced an end to the Part D Premium Stabilization Demonstration. This subsidy was introduced under the Inflation Reduction Act of 2022 signed by President Joe Biden, according to Forbes (2). Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes Now, the Donald Trump administration is rolling it back, which could ultimately raise premiums for people who buy stand-alone Medicare drug plans in 2027. For those worried about the price tag of their essential medicines, here's what you need to know. Understanding the change The Inflation Reduction Act capped what beneficiarie…