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Original Medicare's premiums and deductibles went up in 2025. The Part A annual deductible increased from $1,632 to $1,676, and the Part B annual deductible rose from $240 to $257. Most seniors ...
Medicare's open enrollment period is happening now. From Oct. 15 through Dec. 7, retirees have the option to make changes to their Medicare plan to ensure their health care needs are being met.
Open enrollment for 2025 Medicare plans runs through December 7. Some major changes in 2025 include a new $2,000 out-of-pocket max under Part D, eliminating the plan’s “donut hole” coverage ...
Here are some important updates for 2025 that every Medicare enrollee should be aware of. 1. A new $2,000 annual cap on out-of-pocket prescription-drug spending
The maximum annual contribution room for each year prior to 2013 was $5,000 per year. Beginning in 2013 it was increased to $5,500 per year. [8] The $5,500 annual contribution limit was indexed to the consumer price index (CPI), in $500 increments, in order to account for inflation. [9]
Image source: Getty Images. There's a new cap on out-of-pocket prescription drug costs. Beginning in 2025, there's a $2,000 cap on out-of-pocket prescription drug costs.