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Monthly Archives: March 2024

Medicare Beneficiaries Can Face Burdensome Health Care Costs

Despite Medicare’s significant successes, for many enrollees, health care cost problems are far too common. The program’s benefit design and lack of financial protections expose beneficiaries to frequent and high costs. Enrollees financially contribute to their coverage through payroll taxes, premiums, deductibles, and other cost-sharing amounts. Many also pay for […]

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Changes to Part D: Lower Out-Of-Pocket Drug Costs in 2024 and 2025; Simplifications in 2025

Many people with Medicare Part D drug coverage—in particular those who reach the catastrophic coverage phase—may experience unexpected costs and significant confusion as their out-of-pocket obligations change throughout the year. The Inflation Reduction Act (IRA) brings much-needed consumer protections and predictability to these coverage phases, limiting financial exposure for everyone […]

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