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Open enrollment for 2025 Medicare plans runs through December 7. Some major changes in 2025 include a new $2,000 out-of-pocket max under Part D, eliminating the plan’s “donut hole” coverage ...
CMS projects that the average monthly premium for people with a Medicare Advantage plan that includes prescription drug coverage will fall by 13% to $13.50 in 2025.
4 big Medicare changes for 2025. Medicare open enrollment runs from Oct. 15 to Dec. 7. ... Beginning in 2025, Medicare prescription drug plans must offer enrollees the option to spread their out ...
Annual enrollment is also prominent in Medicare, where almost 50 million enrollees can choose to stay in original Medicare, or join or change plans within the Medicare Advantage and Medicare Part D Prescription Drug programs for the coming calendar year, with enrollment usually occurring between October 15 and December 7 the previous year.
A new $2,000 annual cap on out-of-pocket prescription-drug spending ... it pays to shop carefully for a Part D drug plan during Medicare's open enrollment, which begins this year on Oct. 15 and ...
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescription drugs, and out-of-pocket costs will go up. Medicare coverage will change in 2025.
A new cap on prescription drug costs is taking effect in 2025 thanks to the Inflation Reduction Act. Starting next year, seniors covered by Part D will have a $2,000 out-of-pocket limit.
But a new Medicare law taking effect Jan. 1, 2025 could save these individuals a lot of money. ... so take advantage of the upcoming annual enrollment period from Oct. 15 to Dec. 7 to review all ...