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Some major changes in 2025 include a new $2,000 out-of-pocket max under Part D, eliminating the plan’s “donut hole” coverage gap, and fewer Medicare Advantage plans.
Image source: Getty Images. Here are six changes in the offing for Medicare in 2025. 1. Say goodbye to the "donut hole" If you know a little about Medicare, you might be familiar with the "donut ...
Since the donut hole is going away due to the new $2,000 out-of-pocket cap, the Coverage Gap Discount Program is no longer needed. It will be replaced starting in 2025 by the Manufacturer Discount ...
Now there's a Medicare drug deductible of $590 for 2025. If you max that out, you'll likely pay just 25% of the cost of your drugs until you hit that $2,000 out-of-pocket cap. After that, Medicare ...
Starting Jan 1., Medicare health plans must have a $2,000 cap on out-of-pocket expenses for prescription drugs, eliminating the “doughnut hole”. Medicare changes are coming in 2025. What ...
You'll have an easier time figuring out which plan best suits you if you understand some of the major changes coming to Medicare in 2025. The biggest Medicare change coming next year is a $2,000 ...
Some important Medicare updates took effect on Jan. 1. One of the biggest changes is a $2,000 cap on out-of-pocket prescription drug costs, which could save some households a lot of money in 2025 ...
Officially, Medicare drug plans no longer have a donut hole—the gap between covered drugs and catastrophic coverage. This hole was gradually closed thanks to provisions in the Affordable Care ...
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