- Oct 20, 2014
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As part of the Inflation Reduction Act Medicare Part D has an out of pocket maximum of $2000 starting in 2025
It's $8000 right now before you hit catastrophic coverage which then pays 100% of drug costs. The Democrats better be shouting about this cap to $2000 from the rooftop with megaphones for the entire run up to the election as a real reason for the demographic with the highest turnout to vote for Biden as well as Democrats in the house and senate. Being bled out from drug prices has to be about the biggest concern for seniors right now, at least for the ones I know who aren't die hards for Trump. Part D is the one part of legit Medicare that's wholly inadequate (the scam Medicare Advantage is another story altogether) if say you need a medicine that your plan prices at Tier 3 or 4. If the Democrats don't continually put this out in the media this year that they did this with the Inflation Reduction Act to the point that it's common knowledge to Americans they deserve to lose the election.
Saving money with the prescription drug law
A new prescription drug law that went into effect January 1, 2023, will help save money for people with Medicare.
www.medicare.gov
It's $8000 right now before you hit catastrophic coverage which then pays 100% of drug costs. The Democrats better be shouting about this cap to $2000 from the rooftop with megaphones for the entire run up to the election as a real reason for the demographic with the highest turnout to vote for Biden as well as Democrats in the house and senate. Being bled out from drug prices has to be about the biggest concern for seniors right now, at least for the ones I know who aren't die hards for Trump. Part D is the one part of legit Medicare that's wholly inadequate (the scam Medicare Advantage is another story altogether) if say you need a medicine that your plan prices at Tier 3 or 4. If the Democrats don't continually put this out in the media this year that they did this with the Inflation Reduction Act to the point that it's common knowledge to Americans they deserve to lose the election.