Read previewSome Medicare recipients could save thousands of dollars on out-of-pocket drug costs next year as even more boomers reach their spending threshold. In 2023, 50.5 million Medicare beneficiaries were enrolled in Part D plans. About 65 million people in total are enrolled in Medicare, according to the Centers for Medicare & Medicaid Services. If the national cost cap had been in place in 2021, KFF estimates that 1.5 million Medicare beneficiaries would have seen relief. Are you a Medicare beneficiary who has seen relief from the out-of-pocket drug cost cap?

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