Tag: inflation reduction act

  • Save More on Prescriptions

    On Aug. 16, 2022, the Inflation Reduction Act became law, bringing relief for many Medicare beneficiaries who pay a lot for their prescription drugs. New benefits begin each year to lower your copays and out-of-pocket costs. 2023: The law caps copay at $35/month for certain insulin medications. Medicare covers 100% of Part D vaccinations, such…

  • IRA Changes to Part D in 2024

    The Inflation Reduction Act (IRA), which cut costs on some insulins and Part D vaccinations in 2023, continues to roll out more money-saving changes to prescription drugs in 2024. Medicare’s Open Enrollment Period (Oct. 15 to Dec.7) is the ideal time to consider how the following changes may affect your choice of healthcare insurance plan.