Medicare Part D Is Not Going Away

By Marc Sigmon, MBA Marc Sigmon Insurance AgencyFar too often, a headline causes panic or concern that proves to be unnecessary. Recent national headlines claiming that a Part D subsidy program is ending—and others questioning whether Medicare Part D itself is going away—do nothing but create undue fear and confusion within an already complex system.The truth is that the Centers for Medicare & Medicaid Services, or CMS, publicly announced this temporary premium-stabilization program in July 2024. It was created to help participating stand-alone Part D plans adjust to changes made by the Inflation Reduction Act. The financial assistance was provided by the government to participating insurance carriers; it was not a consumer-assistance program like Extra Help. Although its
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