Medicare Questions & Answers: Improvement

Improvement Q&A

Showing 3 questions

Answered by Ellen Diehl Medicare Insurance Agent

Ellen Diehl

iDiehl Solutions, LLC • Holly Springs, GA

So I heard something about Medicare drug costs being capped at $2,000 in 2025. Is that really happening or just talk?

Do you have Google? The poorly named IRA Inflation Reduction Act has been all over the news. Also a broker must have a SOA form in order to discuss this with you.
Answered by Lowell Ryals Medicare Insurance Agent

Lowell Ryals

ryals Insurance • Springfield, MO

My pharmacist mentioned the Medicare "donut hole" is going away in 2025. What does that actually mean for me?

It

Means that your prices won’t go up through the year

You may have a deductible with your prescriptions

You can also apply for a leveling out program to keep your copays level through the year

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