One Week after the Announced End of Medicare Part D Subsidies, the Impact Remains Unknown

For more than 15 years, Northeast Ohio-based Kaz Company has helped older Ohioans navigate the sometimes-difficult waters of Medicare and its supplements, matching customers with insurance carriers that offer plans that work best for them. So, when the White House announced last week plans to end the Medicare Part D subsidy at the end of 2026 instead of 2027, they knew they would be hearing from those they serve.

"People, of course, panic, and we're telling them not to because this was something that was planned," said Kaz Company Founder Kathy Hirko of the subsidies that were part of the bipartisan Inflation Reduction Act of 2022.

"The premium stabilization program was supposed to be for three years," she said. "It was supposed to be for 2025, 2026 and 2027. CMS (Centers for Medicare & Medicaid Services) has decided literally at the end of July to end it at the end of 2026, so it's not extending into 2027."

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