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What You Need to Know About Changes to Medicare Part D in 2025

What You Need to Know About Changes to Medicare Part D in 2025

Jan 24, 2025 | Medicare Blog

Two important changes are coming for Medicare Part D beneficiaries in 2025 as a result of the Inflation Reduction Act: Annual out-of-pocket (OOP) cap of $2,000 for prescription drugs. Medicare Prescription Payment Plan (MPPP), which will allow beneficiaries who opt in...
Medicare benefits in 2025: 4 big changes every enrollee should know

Medicare benefits in 2025: 4 big changes every enrollee should know

Jan 12, 2025 | Medicare Blog

Big changes are coming to Medicare in 2025, and they could make a major difference in your prescription drug costs. Thanks to the Inflation Reduction Act, Medicare beneficiaries will see the most significant updates to the program’s drug coverage since it was first...
CMS Announces 2025 Premiums and Deductibles for Medicare Parts A and B

CMS Announces 2025 Premiums and Deductibles for Medicare Parts A and B

Jan 6, 2025 | Medicare Blog

Last week, the Centers for Medicare & Medicaid Services (CMS) released information about Medicare costs in 2025, including the 2025 premium, deductible and coinsurance amounts for Medicare Part A and Part B. The agency also announced the income-related monthly...
Comparing Plans is Especially Important This Open Enrollment Season Due to Changes in Part D Protections and New Options

Comparing Plans is Especially Important This Open Enrollment Season Due to Changes in Part D Protections and New Options

Dec 27, 2024 | Medicare Blog

Key components of the Inflation Reduction Act’s Part D reforms will be fully implemented for plans offered in 2025. These changes, including the total elimination of the “coverage gap” coverage period, the establishment of a $2,000 cap on beneficiary out-of-pocket...
CMS Finalizes Payment Rule, Including Update to the Custody Definition

CMS Finalizes Payment Rule, Including Update to the Custody Definition

Dec 20, 2024 | Medicare Blog

Medicare payment rules prohibit coverage for a service if a beneficiary is not financially responsible for the care or if another government entity is obligated to provide or pay for the item or service. For years, the Medicare rules interpreting and implementing this...
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