Medicare changes for 2025
October 22, 2024
POSTED IN: Medicare TAGS: Medicare, Open Enrollment
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As we approach 2025, several key changes to Medicare are on the horizon that could impact millions of beneficiaries.Understanding these updates is crucial for making informed decisions about your healthcare.What do you need to know about Medicare changes for 2025?Making prescription drugs more affordableOne of the most significant changes is the introduction of a new prescription drug pricing model.
Under this plan, Medicare Part D will cap out-of-pocket costs for prescription drugs at $2,000 annually, which is great news for those who rely on expensive medications.This is the first time in the history of the Medicare program that people have a cap on how much they have to pay out of pocket.The current coverage gap, also known as the donut hole, will be eliminated.You can compare Medicare plans during Open Enrollment to make sure your plan covers the drugs you take and meets your needs.More good news!Additionally, mental healthcare is also expanded for Medicare recipients with more services being covered.Do your homeworkDuring the open enrollment period, its essential to review these changes and assess how they could affect your current coverage.
Staying informed will help you navigate Medicare in 2025 and beyond, ensuring you make the best choices for your healthcare needs.Read more about changes to Medicare atHurley Elder Care Law, Georgias premier certified elder law firm, works with families to tailor a specialized legal and financial plan to assist our aging clients.Call us at 404-843-0121 for a complimentary telephone consultation with our intake specialist.
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Posted in MedicareTags: Medicare, Open Enrollment
Posts navigation Medicare Open Enrollment 2025
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They helped us put my parents wills, advanced directive and POA in order.They hold informative classes helping families to navigate all the new policies, laws and resources.Highly recommend.read moreread less Lisa McIntyre 5/17/2024 I needed to redraft my will, health care directive and power of attorney after my divorce and estrangement from a child.
Needless to say, it was an emotionally delicate process but Jennifer was incredibly sympathetic and really knows her stuff! Shes uber-professional but personable and the entire revision process took a matter of several weeks and was fairly priced.I love that the firm sends newsletters with articles that are of interest to those in the later stages of life and their loved ones who might be caring for them.Nobody enjoys thinking about their eventual demise but it must be done if you want to make it easier for those left behind.
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Their team approach is a model of efficiency, and efficacy.The level of care they provide the client is unsurpassed in my experience.We were blessed to have been referred to them.read moreread less Louis Mura 12/23/2023 The entire staff was excellent to deal with.
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