Prescription Drug Coverage

Prepare for substantial changes and price increases in Medicare Prescription Drug Plans (Part D) and copays for 2025 due to the Inflation Reduction Act. Navigating these changes can be overwhelming, but you don’t have to do it alone. I am here to guide you through these upcoming adjustments and help you employ strategies to lower your costs while ensuring you have access to the medications you need.

Prescription Drug Coverage

Prepare for substantial price increases in Medicare Prescription Drug Plans (Part D) for 2024. Your hard-earned dollars are on the line, and the moment to act is now. I’m here to guide you through the complexities of Medicare Part D, fully dedicated to employing strategies that lower your prescription drug costs while ensuring you have access to the medications you need.

Press play for critical updates to Medicare Part D

Key Changes

The annual out-of-pocket drug costs will be capped at $2,000.
The Prescription Drug Coverage Gap (“Donut Hole”) will be eliminated.
All Medicare plans will offer a Prescription Payment Plan option to spread out the cost of prescriptions throughout the year.
Drug manufacturers and plan carriers will have to cover a larger portion of the drug costs.
These adjustments may result in significant increases in deductibles, copays, and plan premiums that you’ll need to cover to offset the changes.

Prescription Drug Coverage

Press play for critical updates to Medicare Part D

Key Changes

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