Medicare Premiums Face Endgame | Buffalo News

Buffalo News Today | 2 Min News | The Daily News Now! · Aug 6, 2026 · 2m

Medicare’s drug premium rescue program is shutting down—here’s why it matters: With its December 31, 2026 deadline looming, the Biden-era subsidy aimed at capping prescription costs is ending, sparking outrage from New York Governor Kathy Hochul and other Democrats who warn it will hit 1.3 million seniors hardest. While CMS says the market has stabilized and most beneficiaries won’t see major hikes, critics argue seniors on fixed incomes can’t afford the climb. AARP backs the program, and political analysts say this could sway voters in next year’s elections—especially among the senior bloc…