The projected increase in Medicare costs will heavily impact beneficiaries, especially those on fixed incomes. Experts warn that the rise in premiums and deductibles, along with the increase in the out-of-pocket maximum for Part D from $2,

Seniors could soon pay just $50 a month for Ozempic and other drugs used for weight loss under a new Trump plan to cut prescription costs.

At no point on Thursday did anyone from the administration mention Medicare drug price negotiations, a key part of the Inflation Reduction Act which allows federal officials to negotiate the price of certain drugs. Trump has ridiculed the program, and no Republicans voted for the IRA when it passed in 2022.

Prescription drug costs are skyrocketing. Will Medicare Part D bring relief? The law of supply and demand dictates that when competition is scarce, prices will inevitably skyrocket. In the health care realm, this often means that patients facing high drug ...