Ashford Insurance

Category: medicare costs

Navigating the New Medicare Part D Payment Plan: A 2025 Guide
Drugs

Navigating the New Medicare Part D Payment Plan: A 2025 Guide

The Medicare Prescription Payment Plan is a new payment option in the prescription drug law that works with your current drug coverage to help you manage your out-of-pocket costs for drugs covered by your plan by spreading them across the calendar year (January–December). Starting in 2025, anyone with a Medicare drug plan or Medicare health plan with drug coverage (like a Medicare Advantage Plan with drug coverage) can use this payment option. All plans offer this payment option, and participation is voluntary.

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2025 Part D Program Changes
AEP

2025 Part D Program Changes

For 2025, there will be changes to the Part D program because of the Inflation Reduction Act, impacting both stand-alone Part D and Medicare Advantage Prescription Drug Plans.

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