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Before the caps, "there were a lot of people who were facing really high out-of-pocket costs, sometimes $10,000 (or more) per year," said Leigh Purvis, prescription drug policy principal at AARP ...
Every year, senior adults have between October 15th through December 7th to enroll in Medicare or change plans. ... “In 2025, 524 PDPs (Prescription Drug Plans) will be offered across the 34 PDP ...
In the current calendar year, seniors could enter the donut hole once they and their plans had spent more than $5,030 on drug costs, at which point they were on the hook for out-of-pocket drug ...
Medicare beneficiaries who take a lot of pricey medications will get a big break in 2025. That’s when the $2,000 annual cap on out-of-pocket costs for drugs bought at the pharmacy or through ...
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 ...
Most seniors don't pay a premium for Part A, but they do for Part B. The standard Part B monthly premium rose from $174.70 in 2024 to $185.00 in 2025. 5 2025 Medicare Changes Every Retiree Should Know
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