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2. Why retirees may pay 'significant increases' in 2024 Medicare ...

   www.aol.com/finance/why-retirees-may-pay...

   Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023.

3. Medicare premiums rise for 2025, nicking retirees' Social ...

   www.aol.com/finance/medicare-premiums-rise-2025...

   That news follows the Social Security Administration’s announcement of a 2.5% cost-of-living adjustment (COLA) for 2025, which will add about $50 to the average monthly benefit of roughly $1,900 ...

4. Here's what to know about Medicare's new $2,000 prescription ...

   www.aol.com/heres-know-medicares-2-000-174637852...

   Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug ... 2024 ," its website ... plans. In the current calendar year, seniors could ...

5. Biden’s SOTU Addresses Social Security, Drug Costs and ...

   www.aol.com/biden-sotu-addresses-social-security...

   “Starting next year that same law caps total prescription drug costs for seniors on Medicare at $2,000 a year even for expensive cancer drugs that can cost $10,000, $12,000, $15,000 a year ...

6. Medicare Prescription Drug, Improvement, and Modernization ...

   en.wikipedia.org/wiki/Medicare_Prescription_Drug...

   Medicare Prescription Drug, Improvement, and Modernization Act; Long title: An act to amend title XVIII of the Social Security Act to provide for a voluntary prescription drug benefit under the medicare program and to strengthen and improve the medicare program, and for other purposes. Acronyms (colloquial) Medicare Modernization Act or MMA ...

7. Medicare and Social Security funding: FICA taxes and trust ...

   www.aol.com/finance/medicare-social-security...

   In 2023, the Social Security Administration paid out over $1.4 trillion in benefits to more than 73 million recipients. Medicare wasn’t far behind, with total program spending hitting $944.3 ...

8. Biden drug cost cap will save seniors about $1,100 a year ...

   www.aol.com/news/biden-drug-cost-cap-save...

   More than a million U.S. seniors will save $1,100 in prescription drug costs every year under a provision in the 2022 Inflation Reduction Act, according to a new report released Wednesday. The ...

9. White House says prescription drug deals will produce ... - AOL

   www.aol.com/lifestyle/white-house-says-deals...

   The new drug prices are likely to most benefit people who use one of the negotiated drugs and are enrolled in a Medicare plan with coinsurance that leaves enrollees to pay a percentage of a drug's ...