Patients with Medicare Part D plans could pay less out of pocket starting in 2025 when a provision of the Inflation Reduction Act of 2022 eliminates a gap in coverage for prescription drugs.
Too many seniors miss out each year on the chance to spend less for better drug coverage by shopping for a new Part D plan. Here’s what you need to know about changes to Medicare Part D.
Prescription drug coverage is provided by private insurers, and their lists of covered prescriptions can change every year. Makes sure you know if your insurer still covers your needed medications.
In 2025, everyone enrolled in Part D prescription drug plans will have their annual out-of-pocket drug costs capped at $2,000 for co-pays or coinsurance for the prescription drugs their plan ...