The Inflation Reduction Act of 2022 has triggered a raft of changes to Medicare Part D plans and Medicare Advantage plans that affect prescription drug coverage in 2025. Here’s what to know.
Once a person buys a Medigap policy, it is guaranteed renewable. With few exceptions, the insurer must renew the policy each ...
Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug-spending goes into effect.
The Affordable Care Act (ACA) set out to make healthcare more affordable. It had various effects on Medicare, such as ...
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.
Confused about dental, vision and hearing coverage in retirement? This guide explains Medicare's role, shopping for plans and ...
People nearing Medicare eligibility who are enrolled in a health plan through the Marketplace need to decide whether to keep or cancel their current plan.
Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.
Before 2025, if you were enrolled in a Medicare Part D prescription drug plan, it’s possible that you could encounter a coverage gap if you and your plan spent a certain amount on medications in ...
That’s especially true because, according to Medicare.gov, a 2024 coverage gap called “the donut hole” left some Medicare recipients with a higher threshold to meet before their ...
A note on the Medicare Part D coverage gap (donut hole) Previously, when a person reached their deductible they would enter the coverage gap or “donut hole.” During this time, they would be ...
Changes to Medicare in 2025 eliminated the coverage gap, or “donut hole,” that occured when you reached the limit of what your Part D plan would pay for your medications. Part D coverage has ...