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Understanding the Medicare prescription drug provisions in the Inflation Reduction Act is important - whether you are currently enrolled in Medicare, or you may qualify in the future. This presentation includes:
• An overview of the Medicare Part D prescription drug benefit
• Out-of-pocket cap on beneficiary costs ($2,000 in 2025)
• Medicare Prescription Payment Plan which will allow people to spread their drug costs over the calendar year
• Other provisions, including drug price negotiation
• Discussion of measures aimed at keeping premiums down
Presented by Amy Niles, Chief Mission Officer, PAN Foundation, and David Lipschutz, Co-Director, Center for Medicare Advocacy.
With Gratitude, this program is presented in partnership with the PAN Foundation.