Each new year brings changes to your Medicare coverage.
In 2025, there are some reasons to rejoice.
Check out some of our favorite ways to make easy money below.
Medicare Changes for 2025
1.
Lower cap on Part D out-of-pocket drug costs.
That $2,000 doesnt necessarily have to come out of your own pocket, either.
In future years this number could go up, as the cap will be indexed for inflation.
When Insurance Falls Short…
Unfortunately, insurance doesnt covereverything.These resourcescan help you manage those unexpected expenses.
Pay for your prescription medications with monthly payment plans.
Fortunately, in 2025 theres a new Medicare provision that allows you to spread those payments out.
Part B premium increases.
Part B premiums and deductibles increasedin 2025.
This isnt terribly out-of-line.
Most years, premiums do go up.
Those caregivers can now receive training from your health care provider albeit at a cost.
Youll only qualify for this particular program if your practitioner happens to be participating in it.
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Reduction in telehealth access.
During the pandemic, everything from state legislatures to Medicare policy made it easier to accesstelehealthservices.
We are now seeing that accessibility scaled back across sectors.
Situations where Medicare will cover telehealth services are much more restricted.
It wont necessarily be as easy as video calling a specialist from the comfort of your own living room.
Expect a Medicare Advantage notice halfway through the year.
Medicare Advantage plans often come with auxiliary benefits, likedentaland vision.
But as it turns out, a lot of these benefits tend to go unused.
Can You Survive 10 Days of Budgeting?
She is a regular contributor to The Penny Hoarder.