Concerns Surrounding Medicare's $2,000 Drug Coverage Cap

Reported 28 days ago

As Medicare's open enrollment period approaches, significant changes to Medicare Advantage plans will take effect in 2025. Financial expert Terry Savage highlights the need for beneficiaries to explore the implications of the $2,000 drug coverage cap beyond its surface, including potential eliminations of certain drugs and increased co-pays for other medications. She advises comparing plans on Medicare.gov, focusing on total yearly costs, monthly premiums, and specific drug coverage to ensure beneficiaries select the most suitable plan by the December 7 deadline.

Source: YAHOO

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