Medicare Advantage and Prescription Changes for 2025

How does we know that big changes is coming to Medicare for 2025 without talking about insurance plan details?

Well it is real simple, the Inflation Reduction Act put in some very positive changes that impact Prescriptions in a big way.

1. Insulin at $35/month (already started).
2. vaccine access (already started).
3. Expansion of low income subsidy (already started).
4. $2000 yearly out of pocket max of prescription drug cost 2025.
5. Medicare Prescription Payment plan starts in 2025.
6. Manufacturer discount program starts in 2025.
7. In 2026 we will see the first 10 negotiated drug prices.

These impact every Medicare Prescription Plan including Medicare Advantage plans that have prescriptions!

Yes, large insurance companies have been predicting 50% of people using Medicare with prescriptions will switch plans this year.

The Medicare Annual Enrollment Period runs from October 15th through December 7th.

Set your appointments early for Suzie.

While we can not discuss Medicare Insurance Plan details for 2025 until October, we can say accurately there are changes.

#Suzie, #Medicare, #WenatcheeInsurance, #MedicareAdvantage, #Prescription,

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