Expect to see Medicare grow slightly more expensive following last year’s unusual price drop. In January 2024, most U.S.

On Sept. 27, 2022, the Centers for Medicare and Medicaid Services (CMS) announced the 2023 standard monthly premium and ...

Last year was a pivotal year for the pharmaceutical industry. Under the IRA’s Medicare Drug Price Negotiation Program (the ...

Medicare beneficiaries who have trouble meeting prescription drug costs may benefit from the Extra Help program. Extra Help is a Part D program that assists in paying premiums, deductibles ...

Medicare is big business. It changes a little or a lot every year, and millions have strong opinions about it.

Many Medicare Part D plans classify drugs according to a tiered system. This approach can help lower costs, as each tier costs a different amount. Usually, the lower the tier number, the less the ...

If you need immunosuppressive drugs following a kidney transplant, you'll pay a separate premium of $110.40. Income-related adjustments Medicare Part B and Part D premiums are adjusted based on ...

Some Medicare parts are associated with an income-related monthly adjustment amount (IRMAA). An IRMAA is an additional surcharge that can be applied to monthly premiums for Part B and Part D in ...

Medicare Part D covers prescription medications. Costs vary depending on certain coverage phases, including catastrophic coverage. As of January 1, 2025, the Medicare Part D phase, known as the ...

In addition to the Part D Benefit Redesign, the IRA’s Medicare Prescription Payment Plan (MPPP) went into effect beginning January 1, 2025. The ...

If you’re trying to determine whether it makes sense for you to add Part D to your Medicare coverage plan, read on for more information about what it is, how much it costs and what it can do for ...

PAP programs help people on a low income to pay for their out-of-pocket drug costs. Pharmaceutical companies operate these programs. A person enrolled in Medicare (Part D) may qualify for assistance.