New Program Makes Installment Payments an Option for Medicare Part D Enrollees

What You Need To Know

• Effective in 2025, Medicare Part D enrollees will have a $2,000 limit on out-of-pocket expenses for prescription drugs.
• The Medicare Payment Prescription Plan helps enrollees in Part D coverage pay for the expenses for which they remain responsible.
• Medicare will be sending information to enrollees to help them determine whether the program is right for them.