BREAKING: Medicare Part D Premium Costs Confirmed For 2025

[@chris5942]

This is horrifying to think if someone ends up on ALL of these meds like my Mom is, that she would be forced to go from pharmacy to pharmacy to get the best price. This is insanity for an elderly person.

[@lisaveta8565]

@@chris5942 it is so terrible. I did it yesterday for my husband after surgery meds. I could not control what meds his surgeon sent to pharmacy. Usually, when he went to doctor I give him a list of meds his part D plan cover. 🤦‍♀️🙄

[@karenkoe7096]

That is NOT how this works.

[@lindabunce5133]

That is why you use the comparison charts to determine which pharmacy is the best to use with the lowest costs.

[@Shizzle700]

Its pretty sad that in the united states of America in 2024 that we have to go through this confusion to buy a pill we can afford. Absolutely ridiculous!

[@cayennenaturetrails8953]

[@karenkoe7096]

Its not that confusing. Its no different than it has been. We have been changing plans every year for years. If I can do it so can anyone else.

[@user-TM59]

@karenkoe7096 still shouldn't be like a card playing game sort of speak to get medications !!! Drug plans is a mess with pharmacies and prices!!!!

[@telasims233]

Agree, now I'm 66, whose going to want to do this at 85?

[@user-TM59]

​@@karenkoe7096, It's a hott mess what we have to go thru to purchase medication!🙄

[@k.m.9801]

The moral of the story is that you never know what can happen but do all you can while you are younger to be as healthy as humanly possible to mitigate the high number of drugs you will use when you have to go on medicare.

[@philip9569]

You have a great staff! Very helpful, professional, and knowledgeable.

[@lolalucky6373]

We didn't know that at all that waiting for us after we get our retirement isnt shame to be confused at old age so now we have to be educated or what so corrupt system in usa😮😮😮

[@williahgwilliahg4086]

Exactly, and you have people that are a lot younger that get healthcare and don't cost them a dime and have to worry about what he just showed us. The system is right azz backwards.

[@chris5942]

I am sitting here thinking the same thing. I retired 5 years early to take care of my Mom. Now I am looking with horror upon what this will mean for me! I am NOT spending a day driving from pharmacy to pharmacy to get this laundry list of drugs. Just Say No To Drugs.

[@karenkoe7096]

@@chris5942 Why would think that you have to drive from pharmacy to pharmacy?

[@MrTargetone]

Can you do a video explaining the difference between “basic” and “enhanced” Part D drug plans?

[@marksmith4582]

I’m thoroughly confused! Gee whiz! There goes my monthly budget! Great. Just great! Can’t afford it!

[@lls4200]

@marksmith4582 Call them, and they will find an affordable plan with you.

[@karenkoe7096]

Why don't' you call an insurance broker to help you. They don't charge. Th company doing these videos can probably help out.

[@TheOnlyLila]

So if my husband and I can barely dish out for a supplement plan and a drug coverage plan, we have to pay approximately $400 per month (together) because we both take a drug that is Tier 5. What are fixed income people supposed to do 😞

[@karenkoe7096]

Be grateful you even have this coverage at all. My mother was ill for years and died before they had Part D. She was on all sorts of meds and had to pay for them all out of pocket. Even though it may seem costly its still a gift.

[@rm19660]

Remember there is a $2, 000 Cap on your medicine cost

[@user-TM59]

Thanks Marvin 😊

[@lisaveta8565]

But how we could predicted our future. How I know do I’ll need any meds besides I used today?

[@jerryKB2GCG]

you can’t

[@kutatm]

Now if only all of us had a crystal ball…

[@barbaraadams8219]

How do I know what medications I may need in the coming year? What if it is NOT on the formulary? Perhaps a deep look at formularies in each plan is necessary

[@karenkoe7096]

No one can predict that. All you can do is chose what is best for you currently.

[@rebeccahiggins6341]

Why can't we get a printed formulary for all drugs from all plans without adding the medications we take? If we had the formularies we could look at drugs that might be next in line for our medical problems.

[@nehsuil5834]

Thank you for the detailed explanation how to find the plan and pharmacy. As explained, so after patient spend $2000, go to phase 3, it is better to switch from generic drug to Brand Name Drug without patient to pay any?

[@hanthouse]

i guess i'm an idiot. where do i go to get this info? what web site?

[@telasims233]

Very well explained, thank you.

[@teeyoung8389]

What about local pharmacy

[@lisaveta8565]

I am not understood how I could enrolled to payment plan? Do I need to call to my part D plan or it is something else?

[@philip9569]

Did you compare to GoodRx?

[@caspiana3623]

If you are on a reasonable number of standard medications $10 a month for Good Rx Gold will cover your yearly medication for the price of one month of the plan D premium.

[@gailcaplan7015]

Good RX is BEST

[@joycekavanaugh9524]

Ridiculous

[@karenkoe7096]

@@caspiana3623 The problem with that is some meds still cost an arm and a leg with Goodrx and because you are not on one of those drugs now does not mean you won't be on one next week. And I believe if you drop Plan D, you either may lose it for good or pay a yearly penalty if you try to get back on.

[@arkyump]

What about the special programs that were used for drugs that were not in the formularies in 2024, are those drugs going to be in the formulary in 25? I’m thinking of inhalers in particular.

[@thfourme]

WellCare $0 monthly cost 👍

[@kathyd7284]

Not in CT - went from 50 cents to $12.40! But I do see it free in other states still.

[@danettebishop1967]

Yea, but check the tier changes for your scripts. I have one that has gone from 90 to 856 for a 90 day supply.

[@kathyd7284]

@@danettebishop1967 oh my goodness! Will check. Thanks!

[@stanley8574]

Yeah I had wellcare but they went up on the one expensive drug I take so that one that charges 90 dollars a month is cheaper.

[@earlschannel5809]

Add Eliquis to the WellCare plan and it’s almost $2,000 a year

[@rm19660]

My deductible went from $0 to $590. Thank God I'm on insulin which is exempt from the deductible. I have to pay $35 for a 30-day supply. They also went from $47 copay for tier 3 medicine to 24% of total cost of that medicine. That's much much higher!!!😮

[@karenkoe7096]

I think there is a ceiling for total costs. Most of us have a deductible for some time.

[@zachshuffield578]

If your plan has a $47 tier 3 copay, does the 25% still count towards the $2000? What if the plan offers a $300 deductible, does the $590 still count towards $2000?

[@stanley8574]

Yes it does

[@zachshuffield578]

@@stanley8574 yep, weird that was left out, that's gonna be a big factor of picking which plan to go with. one plan you may only be out like $500 but you've already hit the $2000 limit

[@cayennenaturetrails8953]

!!!!!!!!!!!!!!!!!!!!!!! Insane in the membrane. Feel like I'm on a Roller Coaster Ride!!! LoL

[@seanmcguire6998]

$2k cap, but now my meds WILL NOT BE COVERED. I already need to find another primary care provider. I already cannot afford Medicare that I was forced onto and they tacked on a penalty for the rest of my life, because I was on a better and cheaper insurance until they went under.

[@karenkoe7096]

Something doesn't sound right about that. You must have delayed signing up for Medicare.

[@karenkoe7096]

Reading all of these comments. Folks this is NOT THAT COMPLICATED. On this years plan the premiums went up to $44 a month for next year and no longer covered one of my meds.. I went in and got a plan that was $0.0 and covered all of my meds. My total costs for the year ended up being about the same as last year maybe less. And NO, you don't have to run around to different pharmacies unless there is a big discrepancy in price between the pharmacies. And they show you the total price + premium total for the year.

[@kimberlyschletewitz7540]

Not quite. My drug plan no longer covers one of my meds. Medicare projects my 2025 out-of-pocket on my current plan will be $7,800. If I change to a higher premium plan, the premium alone is $1200 annual. I used to pay $120 a year.

[@karenkoe7096]

@@kimberlyschletewitz7540. Is the $1200 a year the only plan available that covers that particular med?

[@jangarrison4477]

Always helpful and easy to understand information (or as easy as Medicare information can be)!

[@davidmiller1938]

This is criminal! Seems like 52 card Monte😡

[@josephvantreeck2989]

thx for this update

[@conniesuper9892]

Thank you

[@SherriNDallasTX]

40 minute video to give an answer to ONE question? 😂

[@lisaveta8565]

@@SherriNDallasTX what question you have? His video is the best explanation how all this part D work for seniors. Very clear and understandable

[@SherriNDallasTX]

@@lisaveta8565 sure! Question was... why take 40 minutes to answer a simple question? (Read the title). He explains what Part D is, how it works, etc in many of his other videos. Maybe you have way more free time than I do to sit and watch repeat info while just wanting a quick answer to a simple question!

[@k.m.9801]

@SherriNDallasTX If you are retired, you should have lots of time to watch Marvin's videos.

[@karenkoe7096]

@@SherriNDallasTX Many people are just learning how all of this works.

[@Hawka-Loogy]

Do same program premiums increase due to subscribers age?

[@karenkoe7096]

NO.

[@HieouyaAgnèsDoyo]

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[@ElizabethHansick]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $100k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@BensonTati]

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[@BensonTati]

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[@wordswords2094]

So sad America has turned into this.

[@teeyoung8389]

Im soo freaking confused

[@nancy3853]

Can you help with Plan D?

[@philip9569]

I was on Wellcare at 40 cents/month. It will go up to $17.40/month in 2025.

[@ESmith-hk4tx]

I was on WellCare in 2024 and paid $.50/month. In 2025 the premium is dropping to $0.00 (ZERO)!!

[@kathyd7284]

Mine was 50 cents - going up to $12.40!

[@PLC808]

Hi all. I had WellCare for a few months. Do you like them? Have you had to call Customer service? If so, how was your experience with them?

[@ESmith-hk4tx]

No issues with WellCare!! Had to call their customer service earlier this year and they were very helpful and resolved my issue!!

[@dannyboydston2064]

My wife has Leukemia and recently (December 2023) had a stem cell transplant. Have been on Obama care which is so expensive. She is retired disability and will turn 65 July of 2025. We are horrified trying to take all this in and dreading what it will cost us. And the double whammy is the getting taxed on her Social Security which could help pay these ridiculous Cancer med costs. Lord help us.

[@heyjim52]

Every time I watch this guy I get even more confused, the only thing is clear is I am getting robbed.

[@karenkoe7096]

Call his company. They can probably help you.