Tag: Part D

A weekly pill organizer with colorful containers for each day

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…

Young caregiver helping senior man with disability pay for bills online using laptop at table in living room

People are really confused. We’ve embarked on a host of studies about long-term care.  One component of that effort is to assess the public’s understanding of how these costs are financed.  A bunch of surveys over the last 10 years indicate that people are confused; most think that Medicare plays a major role.  In fact,…