Medicare Part D provides prescription drug coverage for beneficiaries to support their pharmacological treatment; however, the complex deductible structure within benefit plans creates a major ...

IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular Medicare Part B and Part D premiums. The surcharge is based on your Modified Adjusted Gross Income (MAGI) from two ...

Providing generic drug coverage instead of no drug coverage during the Medicare Part D coverage gap saves money and improves health outcomes in patients with schizophrenia and bipolar disorder, a new ...

Medicare's open enrollment period ends Dec. 7, bringing significant changes to prescription drug coverage. The clearest sign ...

INDIANAPOLIS — Many of us dislike surprises. That is why it is important to understand some of the changes coming to Medicare Part D before the Dec. 7 deadline. Step one, track down your 'Annual ...

Medicare has undergone several major changes since it launched in 1965. And now, with the passage of the Inflation Reduction Act of 2022, it’s poised to change again, with several key provisions ...

Dear Toni: I understand that there will be a major change to Medicare Part D in 2025 with the “doughnut hole” going away. I’m concerned because this year I entered the doughnut hole in July and will ...

Medicare Part D offers prescription drug coverage. In 2025, the highest deductible that a stand-alone prescription drug plan can charge is $590. The deductible is the amount you pay each year before ...

Catastrophic coverage is the third and final stage of prescription drug coverage under Medicare Part D. When you enter catastrophic coverage, Medicare covers all of your drug costs for the rest of the ...

The first open season for the new employer-sponsored health insurance program for U.S. postal workers is just around the corner, but already the new system is causing controversy. The Postal Service ...

The price of prescriptions can be staggering without insurance, but thanks to some government programs, retirees can pay ...

Employers offering prescription drug coverage must provide an annual notice to Medicare-eligible participants indicating whether their coverage is creditable, meaning it is expected to pay at least as ...