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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 ...
Image source: Getty Images. 1. $2,000 cap on out-of-pocket prescription drug costs. The biggest Medicare change coming next year is a $2,000 out-of-pocket cap on prescription drug spending.
Image source: Getty Images. 1. Not getting the right supplemental benefits. One reason to enroll in Medicare Advantage over original Medicare is that many of these plans offer added benefits. The ...
Even with these changes in place, it pays to shop carefully for a Part D drug plan during Medicare's open enrollment, which begins this year on Oct. 15 and runs through Dec. 7. But Medicare ...
One of the major changes to Medicare in 2025 is a $2,000 cap on prescription drug costs.. Once someone’s out-of-pocket spending for prescription drugs reaches $2,000, they will no longer have to ...
Regardless of financial health, Ayoola suggested older adults talk to a Medicare expert or wealth advisor before choosing a 2025 plan. "We can't predict the future and we don't know which ...
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