Tag: Part D

The drug coverage provided by Medicare Part D is a key part of a retiree’s health insurance, and there are many options to choose from for those who have standalone Part D plans. Since these plans can change from year to year – sometimes dramatically – switching plans may offer big savings. Plan features that…
2025 will be a banner year for retirees. In January, a hard $2,000 cap on how much they spend out of their own pockets for medications kicks in. Retirees should welcome the new, much lower spending limit, which will protect them from extraordinary costs, especially if they develop an illness that requires an expensive medication…