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New Manufacturer Discount Program. At the start of 2025, the Medicare Coverage Gap Discount Program will end. This program helps cover the cost of prescription drugs for Part D beneficiaries who ...
Medicare, the federal health program for adults over 65 and the disabled, covers prescription drugs through Part D insurance plans. ... these plans had a coverage gap that required seniors to pay ...
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.
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.
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 ...
Image source: Getty Images. Starting in 2025, all Medicare Part D enrollees will have their out-of-pocket prescription-drug costs capped at $2,000.
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