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The rollout happens in phases: January 8, 2026 : Deadline for manufacturers and states to apply MayDecember 2026 : States begin joining Medicaid program July 2026 : Temporary Medicare bridge program starts with $50/month cost-sharing January 2027 : Full Medicare Part D program launches The bridge program is meant to give earlier access to Medicare members before the full model begins

Steinbrecher et al

tissue culture (TC) flasks

Qiu et al

Apply fully on face, hands and desired areas

So, I think it remains to be seen if the bond market is going to be comfortable with the Fed not ignoring the 2 percent target but you know, letting it run hot