📋 What Is the Medicare Prescription Payment Plan?...

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📋 What Is the Medicare Prescription Payment Plan? (AARP Article)

FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!

5 Things to Know About the New Medicare Prescription Payment Plan.

Starting in 2025, Part D enrollees can spread their medication costs throughout the year.

By Rachel Nania, AARP. Published October 11, 2024.

A few big changes are coming to Medicare Part D in 2025, and one of them will affect how some people pay for their prescription medications when it comes time to fill them.

People with a Medicare prescription drug plan won’t pay more than $2,000 in out-of-pocket expenses for their prescription drugs in 2025 — a historic change backed by AARP that’s expected to benefit more than 3 million older Americans next year. Still, for those taking medications with out-of-pocket costs that near or exceed this cap at the beginning of the year, coming up with a few thousand dollars all at once isn't easy.

https://www.aarp.org/health/medicare-insurance/info-2024/medicare-prescription-payment-plan.html

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