topic increase in part D prescription cost in Medicare & Insurance

increase in part D prescription cost

normky — Fri, 12 Jan 2024 14:35:53 GMT

My wife and I have United health care supplements and she also has part D prescriptions and traditional medicare. The part D prescription plan went from $64.40 to $80.60 on January 1, no warning about this and I see that from 2024 to2029 these plans can't increase more than 6%, this is pure price gouging at its best to hit an increase by that much. This is about the same as insider trading. I am thinking of doing away with AARP as they always say they are for the seniors but this proves they go along with price gouging and insider trading, I guess they are right up there with the Justice dept and FBI with unfair practices. Too bad I always thought AARP United Healthcare was the way to go.

Re: increase in part D prescription cost

GailL1 — Thu, 18 Jan 2024 23:32:23 GMT

@normky wrote

The part D prescription plan went from $64.40 to $80.60 on January 1, no warning about this and I see that from 2024 to2029 these plans can't increase more than 6%,

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Look at all the benefit changes that is taking place in the Part D Medicare Prescription Drug Program - yes, higher premium will offset some of these important benefit changes. Isn't that the way it always is - GET MORE; PAY MORE.

CNBC 11/21/2023 - Retirees face significantly higher Medicare Part D prescription drug premiums in 2024. What to know

She may be able to change to a different drug plan - if not now - later.

Medicare.gov - Joining A Plan