https://community.aarp.org/t5/Medicare-Insurance/The-New-Help-for-Medicare-Beneficiaries-with-High-Drug-Costs/m-p/2531983#M9135 <P>&nbsp; <A href="https://www.kff.org/policy-watch/the-new-help-for-medicare-beneficiaries-with-high-drug-costs-that-few-seem-to-know-about/" target="_blank" rel="noopener">&nbsp;KFF.org - 12/12/2023 -&nbsp; The New Help for Medicare Beneficiaries with High Drug Costs That Few Seem to Know About</A></P><P>&nbsp;</P><P>&nbsp;This is a nice Christmas present for those who take these extremely expensive drugs.</P><P>&nbsp;</P><P>From the link:</P><P><EM>Beginning in 2024, people enrolled in Part D plans will no longer be required to pay 5% coinsurance after they reach the catastrophic threshold. Eliminating this 5% coinsurance requirement means that in 2024, Part D enrollees will pay no more than about $3,300 for all brand-name drugs they take – a change KFF estimates will help&nbsp;<A href="https://www.kff.org/medicare/issue-brief/how-will-the-prescription-drug-provisions-in-the-inflation-reduction-act-affect-medicare-beneficiaries/#:~:text=including%201.3%20million%20enrollees%20who%20had%20spending%20above%20the%20catastrophic%20coverage%20threshold" target="_blank" rel="noopener">well over 1 million Medicare beneficiaries</A>. And starting in 2025, out-of-pocket drug spending will be capped at a lower amount, $2,000 (indexed annually for growth in Part D costs.)</EM></P><P>&nbsp;</P><P>&nbsp;</P> Sat, 23 Dec 2023 01:18:46 GMT GailL1 2023-12-23T01:18:46Z https://community.aarp.org/t5/Medicare-Insurance/The-New-Help-for-Medicare-Beneficiaries-with-High-Drug-Costs/m-p/2531983#M9135 <P>&nbsp; <A href="https://www.kff.org/policy-watch/the-new-help-for-medicare-beneficiaries-with-high-drug-costs-that-few-seem-to-know-about/" target="_blank" rel="noopener">&nbsp;KFF.org - 12/12/2023 -&nbsp; The New Help for Medicare Beneficiaries with High Drug Costs That Few Seem to Know About</A></P><P>&nbsp;</P><P>&nbsp;This is a nice Christmas present for those who take these extremely expensive drugs.</P><P>&nbsp;</P><P>From the link:</P><P><EM>Beginning in 2024, people enrolled in Part D plans will no longer be required to pay 5% coinsurance after they reach the catastrophic threshold. Eliminating this 5% coinsurance requirement means that in 2024, Part D enrollees will pay no more than about $3,300 for all brand-name drugs they take – a change KFF estimates will help&nbsp;<A href="https://www.kff.org/medicare/issue-brief/how-will-the-prescription-drug-provisions-in-the-inflation-reduction-act-affect-medicare-beneficiaries/#:~:text=including%201.3%20million%20enrollees%20who%20had%20spending%20above%20the%20catastrophic%20coverage%20threshold" target="_blank" rel="noopener">well over 1 million Medicare beneficiaries</A>. And starting in 2025, out-of-pocket drug spending will be capped at a lower amount, $2,000 (indexed annually for growth in Part D costs.)</EM></P><P>&nbsp;</P><P>&nbsp;</P> Sat, 23 Dec 2023 01:18:46 GMT https://community.aarp.org/t5/Medicare-Insurance/The-New-Help-for-Medicare-Beneficiaries-with-High-Drug-Costs/m-p/2531983#M9135 GailL1 2023-12-23T01:18:46Z https://community.aarp.org/t5/Medicare-Insurance/The-New-Help-for-Medicare-Beneficiaries-with-High-Drug-Costs/m-p/2532935#M9160 <P>Fantastic!</P> Tue, 02 Jan 2024 20:00:50 GMT https://community.aarp.org/t5/Medicare-Insurance/The-New-Help-for-Medicare-Beneficiaries-with-High-Drug-Costs/m-p/2532935#M9160 isitusal 2024-01-02T20:00:50Z