At the start of a new year, insurance deductibles reset for most private, commercial, and Medicare plans. While this can be a routine part of insurance coverage, it often catches people off guard. Reset deductibles mean you’ll need to pay more out-of-pocket before your insurance starts to cover certain costs. For individuals on expensive medications,…
Starting in 2025, Medicare is introducing a new way to pay for your prescription drugs: the Medicare Prescription Payment Plan. This optional program aims to make medication costs more predictable and manageable, especially for those with high drug expenses. How the Medicare prescription payment plan works This program fundamentally changes how you pay for your medications:…
The average annual cost of specialty drugs can exceed $10,000, creating a significant financial burden for many patients. If you’re one of the millions of Americans relying on specialty medications to manage serious health conditions like cancer, rheumatoid arthritis, or multiple sclerosis, you’re likely facing high drug costs. The good news is certain classes of…