Brace for Some Ugly Changes to Medicare Part D Premiums
Seniors are set to see a cap on their prescription drug costs under Medicare starting in 2025, thanks to a new law. However, this silver lining has a cloud, as retirees may be hit with significantly higher Medicare Part D premiums for prescription drug coverage next year. According to a fresh analysis by HealthView Services, a healthcare cost data provider, the average premiums are set to rise between 42% and 57% in 2024 compared to …