Why retirees may pay ‘significant increases’ in 2024 Medicare Part D drug premiums
By Kerry Hannon, yahoo!finance Senior Columnist, Sun, December 3, 2023 A new law, the Inflation Reduction Act, caps seniors’ prescription drug costs covered under Medicare, starting in 2025, to $2,000, and beginning next year allows no more than a 6% annual jump in Part D premiums. Overall, average monthly premiums for Part D will be “substantially […]
