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Given the importance of Medicare, here are some changes for 2025 to know about right now. 1. Premiums and deductibles have risen ... Until recently, there was a dreaded "donut hole" gap in ...
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.
As of 2025, the donut hole has been replaced with an out-of-pocket spending cap. When someone with Part D reaches $2,000 of out-of-pocket expenses, they automatically enter catastrophic coverage.
The donut hole will disappear after 2024 and be replaced by a new $2,000 out-of-pocket cap in 2025. This change, due to the Inflation Reduction Act, affects all Medicare plans.
4 big Medicare changes for 2025. Medicare open enrollment runs from Oct. 15 to Dec. 7. ... out-of-pocket drug spending will be capped at $2,000 per year and the prescription drug “doughnut hole ...
The Medicare Part D coverage gap (informally known as the Medicare donut hole) was a period of consumer payments for prescription medication costs that lay between the initial coverage limit and the catastrophic coverage threshold when the consumer was a member of a Medicare Part D prescription-drug program administered by the United States ...
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