95% of Medicare Part D Beneficiaries Overpaying for Prescriptions, Experts Warn

Reported 11 days ago

An expert reveals that nearly all 55 million Medicare Part D beneficiaries are overpaying for their prescription drugs due to poor plan selection, with 95% overspending annually. Many individuals focus on monthly premiums rather than total costs, leading to higher out-of-pocket expenses. As the open enrollment period approaches, beneficiaries are advised to thoroughly research their medication needs, pharmacy options, and understand the implications of new changes in 2026, including a cap on out-of-pocket expenses.

Source: YAHOO

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