Millions of People with Medicare Will Benefit from the New Out-of-Pocket Drug Spending Cap Over Time

In 2025, Medicare beneficiaries will pay no more than $2,000 out of pocket for prescription drugs covered under Part D, Medicare’s outpatient drug benefit. This is due to a provision…

Continue ReadingMillions of People with Medicare Will Benefit from the New Out-of-Pocket Drug Spending Cap Over Time

Changes to Medicare Part D in 2024 and 2025 Under the Inflation Reduction Act and How Enrollees Will Benefit

The Inflation Reduction Act of 2022 includes several provisions to lower prescription drug costs for people with Medicare and reduce drug spending by the federal government, including a number of…

Continue ReadingChanges to Medicare Part D in 2024 and 2025 Under the Inflation Reduction Act and How Enrollees Will Benefit