The Inflation Reduction Act (IRA) significantly changed the popular Medicare drug programs.[1] While an IRA policy goal is to reduce the out-of-pocket drug spending, beneficiaries may experience ...

In 2026, there are fewer prescription drug plans in Medicare Part D and higher premiums, even when offset by a ...

When Pam McClure learned she’d save nearly $4,000 on her prescription drugs next year, she said, “it sounded too good to be true.” She and her husband are both retired and live on a “very strict” ...

Dear Toni: I signed up for a supplemental Medicare Plan G and a Medicare Part D prescription drug plan, both of which started in January 2021. These two plans have served me well. I just received ...

Medicare Part D, also known as a prescription drug plan (PDP), has an annual deductible that usually changes yearly. Full payment of the deductible is required before the plan will cover eligible ...

Differential coding by Medicare Advantage plans appeared to have pushed their risk scores higher than traditional Medicare's scores. Those greater risk scores led to $33 billion in extra revenue for ...

Most Medicare plans, including Original Medicare (Parts A and B), Medicare Advantage (Part C), and prescription drug (Part D) plans, typically renew automatically each year. You may need to re-enroll ...

Insurers offering Medicare Advantage and Medicare prescription drug plans were fined more money in the first four months of this year than in the past four years combined, according to a Healthcare ...