Expensive medications? You’ll save thousands. Dementia or mental health care? Consider more options. To read the changes, click here.
Key Takeaways
- Changes from Inflation Reduction Act will take effect next year.
- Lower out-of-pocket limit in Part D drug plans erases old “donut hole.”
- You may find weight loss drugs covered to treat other medical conditions.
- Your Medicare Advantage plan may not stay the same.
- Look for a midyear statement from your MA plan.
- Caregivers for loved ones with dementia may be eligible for respite care.
- More mental health counselors are encouraged to enroll as providers.
By Kimberly Lankford, AARP
Published August 26, 2024/ Updated November 11, 2024