My friend says the new Medicare drug payment plan in 2025 will help with her expensive medications. Would it help me too?

Question

Cheryl Lyons · Accepted Answer

Yes — changes in 2025 to Medicare’s prescription drug benefit (Part D) will likely help you with expensive medications, but how much they help depends on your situation. Here’s the straightforward overview:

✅ What’s actually changing in 2025

1. New annual out‑of‑pocket cap
Starting in 2025, Part D plans will limit your total yearly out‑of‑pocket drug costs to $2,000. Once you reach that amount in covered drug expenses, you won’t pay more for Part D drugs the rest of the year. That’s a big relief for people with high medication costs.

2. No more “donut hole” gap phase
The confusing Part D coverage gap (where costs suddenly jumped partway through the year) will be eliminated in 2025, smoothing out your spending across the year.

3. Part D payment plan option
Some Part D plans will let you spread your drug cost payments monthly instead of paying large amounts up front.

4. Insulin and vaccines

Insulin still has a $35/month cap under Part D.

Many vaccines remain covered with no out‑of‑pocket cost.

📍 What this means for you

✔️ If you take multiple or very expensive drugs, you should save money in 2025 because your total costs are capped at $2,000.
✔️ How much you save depends on your specific drugs, plan coverage, and formulary — not everyone will hit the cap, but those with high costs benefit the most.
✔️ Some very high‑cost specialty drugs may see price negotiations in later years (starting 2026‑2027), which can further lower costs for certain medications.

📌 Important note

These protections apply to Part D prescription drug plans (stand‑alone or within a Medicare Advantage plan). If a drug isn’t on your plan’s formulary or is covered under Part B instead, cost behavior can be different — so reviewing your specific plan is still essential.

Bottom line:
Yes — the 2025 Medicare drug changes can help you with expensive medications by capping your annual out‑of‑pocket costs and removing the donut hole. But exact savings vary depending on what you take and your p

Steven Whetstine · Answer

The short answer is that it depends on if you have expensive medications similar to your friend.   

All Prescription Drug Plans and Medicare Advantage Prescription Drug Plans have to offer this option as of 2025.  It is voluntary.  If you have expensive medications, it will make it easier for budgeting for the year as it will divide the balance by the number of months in the year.  You still have to pay any plan premium if applicable.  You would pay the plan rather than the pharmacy.  

To know if it would be beneficial for you, Medicare does also offer on their website a way to determine if it makes sense for you at:  https://www.medicare.gov/prescription-payment-plan

If you would be expected to hit the maximum out of pocket expense cost early to mid-year, it would likely make sense for you.  If September or any month thereafter, it would likely not make sense for you.

Brian Cronin · Answer

It might help, but it depends on your situation. Starting in 2025, Medicare added a Prescription Payment Plan that lets you spread your Part D drug costs out over monthly payments instead of paying a large amount at the pharmacy all at once. It’s important to know that this plan doesn’t actually lower the cost of your medications, it just spreads the payments across the year to make them easier to manage. There is also a new $2,000 annual cap on out-of-pocket drug costs in 2025, so once you reach that amount for covered medications, you won’t pay more for the rest of the year. If you take expensive medications under a Medicare Part D plan, these changes could help, especially if you normally face large drug costs early in the year.

Answered by Brian Cronin on March 28, 2026

Broker Licensed in NH & ME

Answered by Brian Cronin Medicare Insurance Agent

Angel Feliciano · Answer

The new Medicare drug payment plan changes set to take effect in 2025 could potentially benefit many beneficiaries, including you, especially if you have expensive medications. Here are some key aspects of the plan that may help:

1. **Out-of-Pocket Maximum**: Starting in 2025, Medicare Part D will have a cap on out-of-pocket spending for prescription drugs. The maximum out-of-pocket limit is set at $2,000 per year. This means once you reach that threshold, your costs for covered medications will significantly decrease, as you will enter the catastrophic coverage phase.

2. **Lower Costs for Medications**: The plan includes provisions to reduce costs for certain high-priced medications. This may include negotiated prices for specific drugs, which could lower your overall expenses.

3. **Monthly Premiums and Cost Sharing**: The changes aim to make monthly premiums more predictable and affordable. While specific details may vary by plan, the goal is to provide better cost-sharing options for beneficiaries.

4. **Expanded Access to Insulin**: In 2025, seniors will see a cap on insulin costs at $35 per month for covered insulin products, which can provide significant savings for those who rely on insulin for diabetes management.

5. **Broader Coverage**: The new plan may expand the list of covered drugs, which could mean more options for those with specific medication needs.

To determine how these changes will specifically impact you, consider evaluating your current medication needs and costs. If you take expensive medications, the out-of-pocket maximum and lower costs could provide significant relief.

For more personalized assistance in understanding how these changes will affect your situation, feel free to reach out to us at Feliciano Fiduciary Services. We're here to help you navigate your Medicare options!

Derek Rogers · Answer

It might. The new **Medicare Prescription Payment Plan**, available beginning in 2025, doesn't lower the cost of your medications. Instead, it allows you to spread your out-of-pocket Medicare Part D prescription drug costs into manageable monthly payments throughout the year rather than paying large amounts all at once at the pharmacy.

If you take expensive medications or have high prescription costs early in the year, this program can make your monthly budget much easier to manage. However, you'll still pay the same total amount for your prescriptions over the course of the year—it simply changes *when* you pay.

Whether it's a good fit depends on your medications, your prescription costs, and your personal budget. Some people benefit greatly from the predictable monthly payments, while others may prefer paying as they fill their prescriptions.

If you're unsure whether the Medicare Prescription Payment Plan makes sense for your situation, I'd be happy to review your current Medicare drug coverage and help you determine if enrolling would be beneficial.

Larry Dalton · Answer

In 2025, all Medicare Part D plans have a $2,000 annual out-of-pocket maximum for covered drugs. Medicare has set up a payment plan to help offset the burden of paying for this $2000 cap.  Once you reach this limit, your plan will pay 100% for your covered medications for the rest of the year.   However, you must still pay your portion of the out-of-pocket costs upfront at the pharmacy or through the payment plan. This cost depends upon the drug's tier and the drug plan’s deductible, which is based upon the different drug plans available.

This cost can be easily disbursed through the Medicare payment plan, lowering your monthly drug cost. It does not change that you must pay for upfront or throughout the coming months with the Medicare payment plan. 

Your monthly drug cost with this Medicare payment plan is based on what you would have paid out of pocket at the pharmacy for your prescriptions that month, plus your previous month’s balance.  It is divided by the number of months left in the year. 

In other words, if your out-of-pocket drug cost is $1200 a year, then you would be paying $100 per month.   This does not include your premium for the drug plan.

Andrew Kramer · Answer

That depends. If your Rx's are all Tier 1 and 2 generics, they are already likely a $0 co-pay, or close to that. Also, some plans have a low co-pay for a Tier 3 brand name. The payment plan would be helpful if you are taking a brand name Rx, Tier 3, 4, or 5, with a high co-pay, and you plan also has a high deductible for a first time Rx order. In order to activate the payment plan, you would need to call your plan and ask them to do that. Don't ask a pharmacist to do that! Then your co-pay at the pharmacy would be $0, with the cost spread over the rest of the year, and billed to you from your plan, at no interest.

Answered by Andrew Kramer on May 15, 2025

Agent Licensed in FL

Answered by Andrew Kramer Medicare Insurance Agent

Steve and Sue Brauer · Answer

Hi. Thanks for watching. My name is Steve. I'm the husband, half of the husband and wife Medicare team here in Arizona. The question is, if we're looking at today. My friend says a new Medicare drug payment plan will help with her expensive medications. How would it help me, too? This, again, is a great question.

So this came about the first of this year for 2025 and is being continued into 2026. What it means is your Medicare Advantage plan or your standalone prescription drug plan. If you have a Medigap plan, they will enroll you automatically unless you opt out and roll you into this plan. What they do is look at your forecasted prescriptions that you're going to take throughout the year, and they amortize it over 12 months.

Again, the maximum you're going to spend in a calendar year for drugs for this coming year, 2026, is $2,100. If you don't have a drug deductible or you have a lower drug deductible, it's actually less than that. We can get into that later. But it will help you because what happens is at the beginning of the year when you go for your really expensive medications, you don't have to come out of pocket for the first three months of those medications right away. Right out of the gate, they'll spread it over. They call it smoothing. They'll spread it over 12 months, and you'll pay an equal amount every month. It's a really cool plan.

Cynthia Nakaya · Answer

The changes to part D under the American Rescue Plan change the maximum out of pocket for covered prescription drugs to $2,000 from $8,000 last year. It should help with your costs, given the following circumstances.

The operative term here is "covered". Because this change put a greater financial burden on plan sponsors (Medicare Advantage and PDP companies), many sponsors changed their drug list, or formulary, to lower their costs. So, as long as your drugs are covered under your plan and out of pocket costs exceed $2,000 annually, you should save money under the new law. 

If your drugs are not covered under your plan, you can contact them with the help of your doctor and request an exception.

Nicholas Depke · Answer

Your friend is likely referring to the $2,000 out-of-pocket cap on Medicare Part D drug costs that took effect in 2025, which is one of the biggest changes to Medicare drug coverage in years. Whether it helps you depends on what medications you take and what you currently spend on them, but if you have high-cost prescriptions, this cap means your drug costs stop at $2,000 for the year no matter what. The best way to find out if you would benefit is to have an agent run a plan comparison using your specific medication list, because the right Part D plan combined with the new cap could save you a significant amount of money compared to what you may have been paying before.

Answered by Nicholas Depke on March 26, 2026

Broker Licensed in NE, AZ, FL & 15 other states

Answered by Nicholas Depke Medicare Insurance Agent

Joel McKinney · Answer

Possibly. The MPPP (Medicare Prescription Payment Plan) is set up in a way that it offsets your copays/deductible if those first several months of copays are high at the pharmacy. For instance, let's just say you have a $1200 copay in January. The MPPP will take that copay and divide it up over the remain months in the year. You'll pay nothing at the counter and get a bill from your carrier. Where the payment plan falls short though is where your copays are already pretty much even for each month throughout the year.

Answered by Joel McKinney on March 10, 2026

Agent Licensed in WV

Answered by Joel McKinney Medicare Insurance Agent

Jamie Blake · Answer

Allows individuals to spread their out-of-pocket prescription drug costs across the calendar year. It doesn't lower your costs but helps manage them by letting you pay in monthly installments instead of one large sum, especially beneficial for those with high costs early in the year.

The MPPP helps you pay your out-of-pocket prescription costs over the entire year by breaking them into smaller, monthly payments. 

This plan doesn't save you money or lower the total amount you pay for your drugs; it only changes when and how you pay them. 

Your monthly payment can change as you fill prescriptions, and your bill will increase if you add new, expensive drugs because there are fewer remaining months in the year to spread the costs over. 

The MPPP is most helpful for people who have high prescription costs earlier in the year and struggle with large upfront payments.

Fred Manas · Answer

The Medicare Prescription Payment Plan MPPP) is a  payment option in the prescription drug law that works with your current drug coverage to help you manage your out-of-pocket costs for drugs covered by your plan by spreading them across the calendar year (January–December). Anyone with a Medicare drug plan or Medicare health plan with drug coverage (like a Medicare Advantage Plan with drug coverage) can use this payment option. All plans offer this payment option, and participation is voluntary.

If you select this payment option, each month you’ll continue to pay your plan premium (if you have one), and you’ll get a bill from your health or drug plan to pay for your prescription drugs (instead of paying the pharmacy). There’s no cost to participate in the Medicare Prescription Payment Plan.

Charles Fletcher · Answer

It's possible. It depends on the particular medications you take and what your overall projected expense will be. The Medicare Prescription Payment plan (M3P) will go a long way to making monthly prescription pickups more balanced. For instance, instead of paying $590 for the first pick up of the year, M3P can average out the annual cost and may make the first pickup in the range of $180. You must talk to your insurance plan to trigger M3P prior to making the first prescription purchase of the year.

Answered by Charles Fletcher on April 4, 2025

Agent Licensed in WA, AZ, ID, NV & TN

Answered by Charles Fletcher Medicare Insurance Agent

Jeremy Watson · Answer

The Medicare prescription payment plan program is available to anyone who has prescription coverage and may be beneficial. The payment plan takes your estimated total prescription cost for the year, divides it by as many months that are left for the year, and gives you a standard payment amount for those months. This can help if you have medications that are eligible for plan deductibles, have several medications that have co-payment amounts, and/or just want to have a consistent payment amount month to month. You are able to enroll anytime during the year by calling your insurance carrier!

Answered by Jeremy Watson on July 30, 2025

Broker Licensed in IN, FL, KY & MI, OH, SC & TN

Answered by Jeremy Watson Medicare Insurance Agent

Otisha Newton · Answer

Starting in 2025, Medicare is capping what you pay out of pocket for prescriptions at $2,000 a year. There’s also a new option to spread those costs out in monthly payments instead of paying a big chunk all at once. So if you have Medicare drug coverage, this should help you too.

Answered by Otisha Newton on September 9, 2025

Agent Licensed in AZ, AL, AR & 18 other states

Answered by Otisha Newton Medicare Insurance Agent

Rick Balistreri · Answer

Your friend is probably referring to the $2,000 maximum out-of-pocket for 2025. After you reach the $2,000 threshold, your Medicare-approved prescription will be at a $0 cost for the remainder of the year. You also have the option in 2025 to request an expensive medication be put on "smoothing." This is a new plan this year that allows you to request an expensive drug be put on a monthly payment plan instead of paying the total amount all at once. Your pharmacy will contact the drug company on your behalf to set this up for you.

Answered by Rick Balistreri on May 19, 2025

Agent Licensed in MO, AZ, FL & 7 other states

Answered by Rick Balistreri Medicare Insurance Agent

Kirk Hale · Answer

The new payment plan is available to everyone in 2025. The payment plan allows you to pick up your medications at the pharmacy without paying for them that day. Your part d plan will divide the amount you owe if you had paid for the medication on a single day by the remaning months in the year and bill you monthly for that amount. The part d plan is required to allow you to set this program up but you must call them and ask for it. It's not automatic. It does not save any money but spreads the cost out over the year.

Answered by Kirk Hale on May 12, 2025

Broker Licensed in MS, AL, AR & 27 other states

Answered by Kirk Hale Medicare Insurance Agent

Carol Thompson · Answer

That will depend on what medications you are taking. The drug payment plan is available to all
Medicare beneficiaries so once enrolled into a plan you must contact your carrier to opt into the payment program. 
The payments can be stretched out throughout the calendar year. 

Keep In mind - if you decide to sign up for the payment plan you will be responsible to make all payments to that plan. So, if you change plans during that year - you are still required to pay the remainder amount owed to the carrer.

Ron Cronwell · Answer

Perhaps. If you have Part D, check your plan's formulary ensuring the drug is in the formulary. 

Check the tier level and the copay associated. There may be a deductible for expensive drugs. Then combine the copay and deductible for each month.
The donut whole was eliminated for 2025 and the maximum out of pocket is $2000.

So perhaps your out of pocket expense is less under the 2025 plan.

Contact your agent of record or speak with a local agent they should be able to help you with the calcualtions.

Amy Twary · Answer

The payment plan is an interest free option that allows you to spread out the cost of your medications over 2025. It is free to enroll and you can get set up by calling the insurance carrier that provides your Part D coverage. You then pick up your meds at the pharmacy with no payment needed and the insurance carrier will send you a monthly bill to be paid.

Answered by Amy Twary on May 5, 2025

Broker Licensed in NC, OH, SC & TN

Answered by Amy Twary Medicare Insurance Agent

Nicolas Cain · Answer

Yes! In 2025, Medicare Part D adds a $2,000 annual out-of-pocket cap and a new payment plan to help spread drug costs monthly, making expensive medications more affordable.

Mary Brown · Answer

Yes, the Medicare Prescription Payment Plan is still available in 2026. It allows people with Part D coverage to spread out the cost of their prescription drugs into monthly payments instead of paying large amounts all at once at the pharmacy. It doesn’t reduce the total cost of medications, but it can help make expenses more manageable throughout the year.

Answered by Mary Brown on May 19, 2026

Broker Licensed in NJ, DE, FL & NC, OH, PA & TX

Answered by Mary Brown Medicare Insurance Agent

Kelsey Hentzen · Answer

The Medicare prescription drug payment plan is a great option for those who will meet the prescription max out of pocket for the calendar year. The payment plan was introduced in 2025 and has continued through 2026. I would check your prescriptions with a broker and talk through options with your current medications to see what your expected annual prescription cost would be for 2026. Additionally, you have from October 15th to December 7th to make a change to your prescription plan for 2027.

Answered by Kelsey Hentzen on July 6, 2026

Broker Licensed in KS & MO

Answered by Kelsey Hentzen Medicare Insurance Agent

Voss Speros · Answer

Voss Speros here, the God of Medicare. Medicare is all Greek to you? You're in luck, I am Greek. So, the question today is: my girlfriend says the new drug plans that came out in '25, not '26, help her save money on her prescription drugs. Will they do the same for me?

Yes. So, if you're using your Part D plan and your drugs are covered enough in your plan's formulary, they're covered, then yes, you are. You probably have a deductible you pay, and then your max out-of-pocket is $2,000 or $2,100 for your drugs. So yes, it will help you save money.

And then you can always set up a payment plan for this. So, at the beginning of the year, or if you get a new drug, call and be like, "Hey, can we spread this out over the course of the rest of the year so I don't have to pay all upfront?" Yes, yes, you can do that. It will help people save a lot of money. $2,100 for drugs is a lot less than, you know, $5,000 a month.

So yes, absolutely. If you have any questions, give us a call. Well, they are more than happy to answer them.

Andrew Firmin · Answer

It may. This is a great illustration as to why it is important to check your prescriptions with each plans formulary (list of covered prescriptions). What is a good plan for your friend may not be such a great plan for you. You each likely take different prescriptions and each insurance company and plan covers prescriptions differently. Therefore, it is imperative to run your prescriptions through a tool that can compare your prescription needs with all the available plans in your area. And it is important to check annually during the annual enrollment period.

Answered by Andrew Firmin on April 28, 2025

Broker Licensed in MA, CT, DE & 13 other states

Answered by Andrew Firmin Medicare Insurance Agent

Terri Reagin · Answer

Everyone is subject to the new laws that were aimed at providing relief to prescription drug costs for medicare recipients. This includes the removal of the donut hole and the $2000 out of pocket maximum for covered prescriptions. Ask your local agent how this may impact the drugs you are taking!

Answered by Terri Reagin on July 17, 2025

Broker Licensed in OK, AR, CO & 6 other states

Answered by Terri Reagin Medicare Insurance Agent

James Stang · Answer

Medicare eliminated the coverage gap in 2025, capping the max out of pocket at $2000. If you are taking expensive medications you could hit the max in the first part of the year and pay nothing for the rest of the year.

Answered by James Stang on July 15, 2025

Agent Licensed in OH

Answered by James Stang Medicare Insurance Agent

Tristan Gibbs · Answer

The short answer is "possibly". If your copayments for medications are high, this plan will break them down into installments rather than paying the whole thing up front. Alternatively, there may be other plans that will cover your high-cost prescriptions and little better, or you may qualify for a tier exemption from your current carrier.

Answered by Tristan Gibbs on April 7, 2026

Broker Licensed in FL

Answered by Tristan Gibbs Medicare Insurance Agent

David Bell · Answer

It depends. If your deductible and co-payments will be near the $2000 maximum, and they would come up in the first few months, yes it would help. To be clear, it doesn't save any money, it just lets you spread the payments out.

Answered by David Bell on April 15, 2025

Agent Licensed in ID, AZ, CA & 8 other states

Answered by David Bell Medicare Insurance Agent

Cleo Martin · Answer

You can set up the patient payment plan with your prescription company at any time to help pay for the cost of expensive drugs. They will divide the cost by number of months left in the year, then enter you a bill each month to pay for them. It can change each month because of another prescription added.

Answered by Cleo Martin on April 15, 2025

Agent Licensed in SC, FL, GA, MI & NC

Answered by Cleo Martin Medicare Insurance Agent

Stephanie Yarberough · Answer

The Medicare drug payment plan can be useful to people who have a deductible on their plan and will see a lot of high costs up front in the calendar year for their medicines. They can break this large amount into more manageable payments spread throughout the year.

Answered by Stephanie Yarberough on March 17, 2026

Broker Licensed in PA

Answered by Stephanie Yarberough Medicare Insurance Agent

Gary Church · Answer

When it comes to drug plans, there are only six drug companies and 12 plans. Everything is based on your friend's drug plan, which may be totally different than what's available for you based on your medications.

The best way to know what plan works best for you, because not all drug plans are the same, is whether your medication is on the formulary and what tier level it falls under, including whether or not it's a specialty medication.

The best thing to do when selecting a drug plan is to sit down with a licensed Medicare agent or broker who can go over the different plans along with your medications and determine which is the right drug plan for you. What's right for your friend isn't necessarily going to be the right plan for you.

So when selecting a drug plan, it comes down to your personal medications, and that determines what drug plan is right for you. Also, make sure to review that drug plan each and every year when we get to enrollment, which runs from October 15th to December 7th. That is very important, so that's something you should always mark in your calendar, to review your drug plan.

Hopefully that answers your question.

Christy Jones · Answer

Maybe. Every prescription drug plan has a different formulary. Make sure your prescriptions are covered on the plan that you choose. If your expensive prescriptions are on the formulary, then the Medicare Prescription Payment plan would definitely help. Working with a trusted Broker could also help ensure that your prescription needs are covered.

Answered by Christy Jones on September 27, 2025

Broker Licensed in ID, AL, AR & 20 other states

Answered by Christy Jones Medicare Insurance Agent

Justin Call · Answer

As long as your prescriptions are on the carriers formulary, then yes!  Everyone will have the same $2,000 cap and can setup a payment plan with the carrier if they would like.

Patricia &#039;Tif&quot; Bush · Answer

Yes, in 2025 the maximum amount that any member on a drug plan would be responsible for paying for the calendar year would be $2000 and the donut hole is no longer on the drug plans.

Diana Garner · Answer

It could help you if you are on some expensive medications as well. The payment plan spreads the cost of medications out over the course of the year. If you are on lower or no-cost medications, the payment plan would not benefit you.

Answered by Diana Garner on August 21, 2025

Broker Licensed in KY, FL, IN, OH & TN

Answered by Diana Garner Medicare Insurance Agent

Norman Smith · Answer

Everyone's individual needs are different. Her expensive drugs may be a different Tier than your drugs. Her plan may be a totally different plan than what is best for you. Find an agent who will sit and review those plans with you when you elect to pick your plan. I can tell you the 2025 plan is fantastic in comparison to 2024, as it will limit your max out-of-pocket between Premium and drug expense will not be over $2000.

Answered by Norman Smith on April 14, 2025

Agent Licensed in FL, AL, NJ & PA

Answered by Norman Smith Medicare Insurance Agent

Cheri Rogers · Answer

The Medicare drug payment plan will help if you take expensive prescriptions (i.e. Tier 3, 4 or 5 medications). In 2026 the maximum out of pocket for prescriptions is $2,100. Contact a lincensed/certified Medicare Insurance Agent to assist you in knowing your plan benefits.

Answered by Cheri Rogers on May 12, 2026

Broker Licensed in NM & TX

Answered by Cheri Rogers Medicare Insurance Agent

Rob Campbell · Answer

In 2025 your medication’s are capped at an out-of-pocket cost of $2000. In addition, you can set up a payment plan to ensure that you pay the same amount every month.

Derek Warren · Answer

Yes it helps all of the seniors on any named brand medications. The donut hole aka coverage gap was removed. It was replaced by a Medicare prescription payment plan. This will put a cap on the medications at 2100. The intent of this is to allow our seniors to spread the cost out over 12 months if the individual is paying more for than 2100 on their prescriptions.

Answered by Derek Warren on November 11, 2025

Broker Licensed in OH & MI

Answered by Derek Warren Medicare Insurance Agent

Jasmine Jones · Answer

The Prescription Payment plan is available to all Medicare recipients to help offset the costs of medications into monthly payments. The amount of your monthly payment depends on the cost of your medication.

Answered by Jasmine Jones on April 27, 2026

Broker Licensed in VA, AL, AR & 20 other states

Answered by Jasmine Jones Medicare Insurance Agent

Rodolfo Rojas · Answer

That depends on the medication. If they medication is in the formulary, after you reach you reach $2000 out of pocket expense, then you will not pay anything for this year. But it has to be in the formulary.

Answered by Rodolfo Rojas on July 30, 2025

Broker Licensed in NV, AL, AR & 36 other states

Answered by Rodolfo Rojas Medicare Insurance Agent

Jack Mayer · Answer

Yes it will help those who have expensive medications because there is an annual maximum out of pocket for prescribed medications. The maximum per year is $2100 including your deductible.

Alexis Pepple · Answer

The Medicare Prescription Payment Plan is for those that have expensive medication and want to even out payments over the course of the year. Less than 1% of the Medicare population has utilized the program since it was rolled out in 2025.

Answered by Alexis Pepple on September 22, 2025

Broker Licensed in CO, AK, AL & 38 other states

Answered by Alexis Pepple Medicare Insurance Agent

Edward Smith, ChFC, CRPS, AIF · Answer

It may, however, it is important to review each prescription against any plan you are considering and make sure that each drug is on the carriers Formulary list, what tier it falls under and whether or not you would benefit from CMS' new M3P plan.

Answered by Edward Smith, ChFC, CRPS, AIF on September 22, 2025

Broker Licensed in OH, GA, IN, KY & TN

Answered by Edward Smith, ChFC, CRPS, AIF Medicare Insurance Agent

Robert Remin · Answer

Robert Remin, expert Medicare plan advisor, licensed in NY, CT, NJ, and FL. Inflaton reduction act allows maximum cost of your drugs if in the plan's formulary not to exceed $2000.00 for the calendar year you are in the plan. Suggest you contact expert Medicare plan advisor to determine your specific drug costs.

Answered by Robert Remin on July 28, 2025

Agent Licensed in NY, CT, FL & NJ

Answered by Robert Remin Medicare Insurance Agent

George Ibanez · Answer

It will help you relief the sting of having to pay for expensive medicines all at once and it will help you breakdown the expense into monthly payments rather than paying all upfront.

Dina Todd · Answer

It depends on the medications you are taking. The plan your friend is on may work for them because of the medications it covers. An agent would have to look at your medications to find your best coverage options.

Answered by Dina Todd on June 30, 2025

Broker Licensed in NC

Answered by Dina Todd Medicare Insurance Agent

Ray McCauley · Answer

yes, the 2026 Medicare rules, cap out drug expenses at 2100. They allow you to spread out your expected expenses based on the drugs you start out with over a 12 month period so that you don’t have to meet a big deductible and coinsurance first it allows you to budget better that does not lower the cost of your

Answered by Ray McCauley on September 15, 2025

Broker Licensed in CA, AZ, FL & ID, NV, SC & TN

Answered by Ray McCauley Medicare Insurance Agent

Lisa Wohlhieter Hobbs · Answer

Yes, this payment plan could possibly help you manage your out of pocket prescription drug costs throughout the year.  This also would depend on your individual needs.

William Scott · Answer

Absolutely! Drug payment plans are by far the mose inexpensive way to make sure all of your prescriptions are available in the health plan that you're currently in and you can be assured your  Primary Health Provider will make sure the Generic Brands are accessible if Name Brands aren't.

Medicare.gov will always be your best resource to compare all prescriptions brands, generics and their costs.

Daniel Keane · Answer

The new Medicare Drug payment plan helps beneficiary's budget monthly with their prescription costs. You would have to qualify for drug payment plan through your pharmacy.

Sonya Chandler · Answer

It depends on what type of insurance Plan you have and what medication you are taking. You can schedule a free consultation with me and we can discuss this further

Danielle Moody · Answer

Hi,  That is something that an agent could talk with you about and go over all of your medications and see if the payment plan is a good fit for you.

Mike Henry · Answer

Depends on your medication. Go to Medicare.gov. Fill out the information on your medication. Go from there

Steven Rukhman · Answer

I always advise reviewing Prescription Drug Plans yearly, and seeing if anything can be improved based on your specific medications, which will allow for a thorough review.

Althea Sanders · Answer

That depends on your medications and your personal needs. Medicare is not a one size fits all. This is why a personal evaluation with a skilled agent or broker is the best way to determine your needs.

Walt Smith · Answer

Yes, I would be happy to help her find the best plan for her medicines. I review every company that has a Medicare plan in the. 
She would just have to contact me.

Alan &quot;AL&quot; Minthorn · Answer

The best advice I give my customers - do not listen to your friends, family, or others not licensed in my business. Most do not disclose all their medical and pharmacy details, rarely know their insurance and your insurance plan nuances, and do not have the experience to make those generalizations and comparisons. I fix their bad advice more than bless it.

Answered by Alan "AL" Minthorn on June 1, 2025

Broker Licensed in ME, FL, NC & NH

Answered by Alan "AL" Minthorn Medicare Insurance Agent

Jim Willis · Answer

Some of the plans are much cheaper than others.

You need to contact a good local agent and check your prescriptions through him

My friend says the new Medicare drug payment plan in 2025 will help with her expensive medications. Would it help me too?

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My friend says the new Medicare drug payment plan in 2025 will help with her expensive medications. Would it help me too?

Agents: Share Your Expertise

Seniors: Ask a Question of Your Own

Related Questions

Agent Locator

Medicare Agents HubA non-government resource website

Medicare Agents Hub
A non-government resource website