Medicare beneficiaries who have trouble meeting prescription drug costs may benefit from the Extra Help program. Extra Help is a Part D program that assists in paying premiums, deductibles ...

Your IRMAA eligibility is determined by the Social Security Administration and represents an increase to Medicare Part B and Part D standard monthly premiums. The IRMAA surcharge is calculated on ...

For retirees, there are generally two big surprises when it comes to Medicare. The first is that Medicare is not actually ...

Premiums and deductibles tend to increase regularly, and 2025 is no exception. The Part A annual deductible for hospital ...

The Inflation Reduction Act (IRA) of 2022 brought substantial modifications to the Medicare program, which are still reflected in 2025. One of these changes was a new limit for ded ...

Beginning in 2025, the standard premium is $185, an increase of $10.30, or $123.60 annually. For higher-income enrollees, Medicare applies a surcharge to Part B and Part D premiums. This is called ...

Declining enrollment, fewer plan offerings, and persistently higher premiums are raising concerns about the stability and ...

Part D with Medigap, and Medicare Advantage (Part C) plans. In November 2024, KFF reported that the estimated average monthly premium for stand-alone Part D plans in 2025 would be $45. This ...

We then compared plan access and premiums in Q1 2024 and Q1 2021. Chart 1: Average Medicare Part D premium growth by plan type from 2021 to 2024 (percent change 2024 vs. 2021) Table 1: Average ...

Medicare premiums and deductibles have increased for all retirees. There's now a $2,000 cap on annual out-of-pocket prescription drug costs. Some Medicare services, like telehealth, have gotten more ...

and premium drugs. If a doctor prescribes generic drugs under a person’s Medicare Part C plan, the person will save on medication costs. A note on the Medicare Part D coverage gap (donut hole ...