Medicare, AARP

AARP Executive Vice President and Chief Advocacy and Engagement Officer Nancy LeaMond issued the following statement on the first day the new $2,000 annual out-of-pocket spending cap for prescription ...
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.
Before the law, there was no out-of-pocket cap for Medicare's Part D, the section that covers prescription drugs, which left seniors at risk of "significant financial burdens," the AARP noted.
In “5 Things to Know This Week,” changes coming to Medicare Part D in 2025,plus sales to find in January and other stories from the week.