The Inflation Reduction Act is making Medicare stronger and more affordable.
Key changes include:
Lower drug costs: Medicare can now negotiate drug prices, leading to lower costs for seniors.
Insulin cap: Insulin costs are capped at $35 per month for Medicare beneficiaries.
Out-of-pocket limit: Yearly out-of-pocket drug costs are capped at $2,000 starting in 2025.
Free vaccines: Medicare covers recommended adult vaccines at no cost.
More help: Financial assistance is expanded for low-income Medicare beneficiaries.
These changes will save Medicare beneficiaries money and improve access to essential medications.
For more information: https://www.cms.gov/inflation-reduction-act-and-medicare
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