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Several changes are coming to Medicare Part D prescription drug plans in 2025 that could impact drug costs and plan coverage. One change is an annual $2,000 out-of-pocket cap.
Major changes in 2025 include Medicare Advantage plans and a new $2,000 out-of-pocket max under Part D, eliminating "donut hole" coverage gap. ... “In 2025, 524 PDPs (Prescription Drug Plans ...
This program caps monthly premium increases to $35 in 2024 and 2025. So, at most, standalone drug plan premiums could increase by $35 per month over 2024 levels. ... or switch between Medicare ...
Changes to Medicare in 2025 include a cap on out-of-pocket prescription drug costs, changes to mental health care services, and caregiver support. Read more.
Image source: Getty Images. 1. $2,000 cap on out-of-pocket prescription drug costs. The biggest Medicare change coming next year is a $2,000 out-of-pocket cap on prescription drug spending.
A new $2,000 annual cap on out-of-pocket prescription-drug spending. ... beginning in 2025, Medicare Advantage plans will be required to send enrollees a personalized midyear notice of unused ...
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