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Rising Part D premiums could push more enrollees into Medicare Advantage
MarketWatch says the Trump administration is ending a program that helped keep Medicare prescription drug plan costs lower, which could raise Part D premiums.
MarketWatch reports that the Trump administration’s decision to end a program designed to keep Medicare prescription drug plan costs lower could lead to rising Medicare Part D premiums.
The outlet says that outcome could encourage more people to switch into Medicare Advantage plans.
In that scenario, Medicare Advantage plans would be positioned as the likely beneficiaries of the shift away from the lower-cost Part D approach.