Medicare's new $2,000 prescription drug cap goes into effect. Here's how it works.
Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug-spending goes into effect.
Medicare prescription drug costs capped at $2,000 annually
Seniors on Medicare Part D will never pay more than $2,000 out-of-pocket for prescription drugs annually, thanks to a provision in the 2022 Inflation Reduction Act which takes effect this year.
Here's what to know about Medicare's new spending cap
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.
New Medicare Rules Will Make Prescriptions Cheaper in 2025
Prescription drug costs for millions of Americans with Medicare coverage are getting a lot cheaper in 2025. New cost-saving provisions of the Inflation Reduction Act took effect Wednesday for Medicare enrollees.
New WA law puts cap on prescription prices
A law is not in effect to cap prescription prices, saving thousands of dollars for Washington seniors. Wayne Osmond, Osmond Brothers singer and guitarist, dies at 73 Dermatologist shares tips to help
Prescription costs now capped at $2K a year for seniors on Medicare Part D
Senior citizen enrolled in Medicare Part D prescription coverage will now have out-of-pocket drug costs capped at $2,000 a year.The new benefit that went into e
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Medicare Advantage Is Scamming You
The privatized version of Medicare doesn’t just provide worse care than traditional Medicare—it also rips off American ...
Problems with Medicare Advantage Plans Keep Mounting
Complaints and problems with Medicare Advantage include denial of service and slow care approvals. Consumers need to pay ...
How Health Insurers Racked Up Billions in Extra Payments From Medicare Advantage
The Wall Street Journal’s yearlong investigation into Medicare’s private insurers relied on exclusive access to billions of ...
Will Donald Trump solve Medicare's biggest problem in 2025?
With Medicare on track to begin operating in the red the year after Trump leaves office, what plans does the president-elect ...
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Southern California Couple Settles for $10 Million Over Medicare and Medi-Cal Fraud Accusations
A California couple has settled for $10 million over claims of defrauding Medicare and Medi-Cal, involving kickbacks and ...
3 Hidden Medicare Costs That Can Break Your Retirement Budget — and How To Avoid Them
Medicare costs can surprise you in retirement. Discover the 3 hidden expenses that could derail your budget and how to plan ...
From minimum wage increases to Medicare drug costs cap, these new laws are now in effect
Medicare enrollees will now pay a maximum of $2,000 on out-of-pocket prescription drug costs annually as part of another ...
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Client Alert: Phoning It In: Congress Passes A Short Extension To Medicare Telehealth Flexibilities As 2025 Approaches
With the end of 2024 and an expiration of applicable Medicare telehealth flexibilities approaching, Congress passed the ...
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WSJ Goes After Insurers' Medicare Advantage Strategy
Critics of Medicare Advantage plans contend that some insurers manipulate a Medicare Advantage program mechanism that ...
2025 Medicare Guide: Navigating Enhanced Benefits and Changes
The healthcare expert concludes by reminding listeners of the ongoing complexity of the healthcare system and the continuous ...