Medicare Prescription Drug Cap 2025 | Interview with Leigh Purvis

from AMG Academy · host AmeriLife Marketing Group

Bonus episode! Guest: Leigh Purvis, Prescription Drug Policy Principal, AARP Public Policy. A provision in the 2022 Inflation Reduction Act will cap annual out-of-pocket prescription drug costs for people in Medicare prescription drug plans, beginning at $2,000 in January 2025. A new AARP report analyzes the number of enrollees that will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees who reach the new out-of-pocket cap will see average savings of roughly $1,100, or 56%, in 2025 for their prescription drugs. To Learn More and Contact Us: AmeriLifeMarketingGroup.com Watch Full Episodes on our YouTube Channel Follow Us on Facebook

Episode metadata supplied by the publisher feed · Published Sep 18, 2024

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