MEDICARE TO MARIJUANA: NEW LAWS TAKING EFFECT 1/1 (4aET)

$2,000 cap on Medicare drug costs effective January 1st

Dunmore, Lackawanna Co. — President Biden announced that a cost-saving provision of the Inflation Reduction Act (IRA) cap will go into effect January 1st. For Medicare part D beneficiaries, drugs costs will be capped at $2,000 for 19 million Medicare …

Medicare's new drug price cap kicks in Jan. 1

(The Hill) – A key cost-saving provision of the Inflation Reduction Act (IRA) goes into effect in the new year, limiting annual out-of-pocket spending on prescription drugs to $2,000 for Medicare beneficiaries. Starting on Jan. 1, 2025, an estimated 19 …

Medicare Part D out-of-pocket cap lowering in ’25

MINOT, N.D. (KMOT) — Americans using a Medicare Part D plan may notice a financial break in 2025. Part D is the section of Medicare that covers most pharmaceutical products. Notably, the out-of-pocket cap which was $8,000 per year will decrease to $2,000. …

New Medicare cap on prescription costs goes into effect Jan. 1

New Medicare cap on prescription costs goes into effect Jan. 1 Copy Link Copy {copyShortcut} to copy Link copied! Updated: 4:15 PM EST Dec 31, 2024 A new $2,000 cap on out-of-pocket spending on medications for Medicare Part D beneficiaries goes into effect …

Medicare prescription drug costs to be capped at $2,000 starting Jan. 1

WASHINGTON, D. C. - Starting January 1, 2025, millions of Medicare beneficiaries will save money when a $2,000 cap on their prescription drug costs goes into effect. The cap is part of the Inflation Reduction Act that President Joe Biden signed into law in …

Medicare will impose $2,000 cap on prescription costs in 2025

Starting Jan. 1, Medicare will begin capping prescription drug costs at $2,000 annually, a move expected to save millions of Americans money on medications. The change is thanks to provisions of the Inflation Reduction Act, which are meant to cut costs for …

Coverage options for when Medicare falls short

Medicare coverage is good, but it is not all-inclusive. There are many things that Medicare does not cover. For example, Medicare does not cover most dental, vision and hearing care, including hearing aids. Nor does it cover most non-emergency …

Fred L. Goldenberg: Still time to review Medicare for 2025

At my office, Dec. 7 is a day of celebration with the end of the Medicare annual enrollment period. From early September — when we start getting recertified, which we must do every year — until December, we are going 100 miles an hour. Once we’ve passed …

Prioritize senior issues, including Medicare Advantage

By 2050, an estimated 26% of Arizonans will be aged 65 and older  — a sharp rise from just 18% of our population today. Our growing older community signals that senior issues are not just a concern of the future but rather the priorities of today.  …