According to the Inflation Reduction Act, Part D premiums cannot increase more than 6% per year. In 2024, my premiums DOUBLED for the exact same plan I had in 2023 - absolutely no changes in the except that they doubled my premiums. I've called and asked everywhere and nobody seems to be able to help. How can they get away with that?
The united states will absolutely be the last country on the face of the earth with equal access to truly affordable Healthcare. Nobody should be forced to go without reasonable Healthcare because they cannot afford it. Seriously, 2k a year? Let us march together in poor health because we simply cannot pay for it
@@lenastepp5495No different than how you paid last year with the exception of being capped at $2K. I’m Tier 5 in Jan with the first prescription of the month. At $14,000 a month for the drug I take, that $2K is met immediately and I pay nothing more for drugs in the formulary the remainder of the year. What I did notice however, the tiers of the drugs have changed and my premium increased 400%. This required some mind-numbing hours comparing plans, but ultimately was worth the brain cell loss as I ended up saving $600 a year by switching my plan. Best of luck to you!
According to the Inflation Reduction Act, Part D premiums cannot increase more than 6% per year. In 2024, my premiums DOUBLED for the exact same plan I had in 2023 - absolutely no changes in the except that they doubled my premiums. I've called and asked everywhere and nobody seems to be able to help. How can they get away with that?
Thank you for sharing your experience - I am so sorry to hear about the premium increase you experienced.
The united states will absolutely be the last country on the face of the earth with equal access to truly affordable Healthcare. Nobody should be forced to go without reasonable Healthcare because they cannot afford it. Seriously, 2k a year? Let us march together in poor health because we simply cannot pay for it
How does this impact people who are on specialty meds Tier 4 for Cancer.
@@lenastepp5495No different than how you paid last year with the exception of being capped at $2K.
I’m Tier 5 in Jan with the first prescription of the month. At $14,000 a month for the drug I take, that $2K is met immediately and I pay nothing more for drugs in the formulary the remainder of the year.
What I did notice however, the tiers of the drugs have changed and my premium increased 400%. This required some mind-numbing hours comparing plans, but ultimately was worth the brain cell loss as I ended up saving $600 a year by switching my plan.
Best of luck to you!
Thank you for sharing.
@@lenastepp5495 They will pay at most $2,000 a year. If they cannot pay that much, they may be eligible for income dependent assistance.