New analysis finds limiting out-of-pocket drug spending will help older Americans afford medications Had the upcoming cap on out-of-pocket spending on Medicare Part D-covered prescription drugs been in effect in 2021, 1.5 million enrollees would have saved money on...
6 skills that will help you care for the ones you love As family caregivers, we play many roles: scheduler, money manager, house cleaner, health aide, nurse, navigator, nurturer and more. Perhaps the most important role is advocate, as we ensure the best possible care...
Your guide to buying Medicare supplemental health insurance If you decide to enroll in original Medicare, one way you can help pay the extra costs the program doesn’t cover is to buy a supplemental — or Medigap — insurance policy. Here’s what you need to know if...
Average premiums could go down, but some could see large increases The average monthly premium for Medicare Part D prescription drug coverage is expected to fall slightly in 2024, to $55.50, a 99-cent drop from the 2023 average of $56.49, the Centers for Medicare...
Medicare drug coverage helps pay for prescription drugs you need. It’s optional and offered to everyone with Medicare. Even if you don’t take prescription drugs now, consider getting Medicare drug coverage. If you decide not to get it when you’re first eligible,...
KEY POINTS The government has made several changes to Medicare that could reduce your prescription drug costs in 2024. It has also expanded coverage for things like mental health and chronic pain treatment. Those signing up during a special enrollment period will be...
