A key cost-saving provision of the Inflation Reduction Act (IRA) goes into effect in the new year, limiting annual out-of-pocket spending on prescription drugs to $2,000 for Medicare beneficiaries.
WASHINGTON, D. C. - Starting January 1, 2025, millions of Medicare beneficiaries will save money when a $2,000 cap on their prescription drug costs goes into effect. The cap is part of the Inflation ...
AARP Executive Vice President and Chief Advocacy and Engagement Officer Nancy LeaMond issued the following statement on the first day the new $2,000 annual out-of-pocket spending cap for prescription ...