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“Out-of-pocket spending for prescriptions is now capped at $2,100 annually.”
There’s no more ‘donut hole’ for Part D! If you’re familiar with this term in prescription pricing, you’ll appreciate this cost-saving change
A monthly prescription payment plan is now available to help you budget and annualize your payments.
While these benefits are great news, they come with potential trade-offs. The cost of these changes will be borne by drug manufacturers and Medicare plan companies, which may result in projected cuts to Medicare plan benefits.
WHAT DOES THAT MEAN FOR YOU?
We’re not entirely sure yet, but all Medicare Advantage companies and drug manufacturers have warned that cutbacks are coming. Specific changes to your plan will be communicated to you by October 1st.
HOW CAN I HELP YOU?
As your broker, I’ll be informed of these changes earlier, but I’m not allowed to discuss them until October 1st. By then, I’ll have a clear understanding of the changes and their implications for you, enabling me to help you interpret and navigate these updates more efficiently.
HERE’S WHAT YOU CAN DO TO STAY INFORMED
Join My ZOOM Meetings: I’ll be hosting several ZOOM meetings where you can hear about these changes, ask questions, and benefit from the concerns of others. These sessions will be invaluable in helping you make informed decisions. Please join one of these sessions!
Medicare | Long Term Care | Final Expense | (425) 949-9490
**Medicare required DISCLAIMER: I do not offer every plan available in your area. Any information I provide is limited to those plans I do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE , or your local State Health Insurance Program (SHIP) to get information on all of your options.
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