Andreswd | E+ | Getty ImagesMedicare beneficiaries have until Dec. 7 to change their Medicare health and prescription drug coverage for the coming year through open annual enrollment.
Starting in 2024, people who face high prescription drug costs will not have to pay anything out of pocket once they hit the catastrophic phase of their benefits, she noted, thanks to new prescription drug legislation.
Notably, Medicare beneficiaries who take insulin currently do not have to pay more than $35 per month for covered prescriptions.
There are other reasons why Medicare beneficiaries should pay attention to the annual enrollment period this year.
Medicare open enrollment is when beneficiaries can shop around for health plans or prescription drug coverage that better meet their needs.
Persons:
Meena Seshamani, Seshamani, Darren Hotton, Hotton, that's, Catherine, There's
Organizations:
Getty, Center, Medicare, Centers, Services, National Council, Aging, Insurance, State Health Insurance
Locations:
Catherine Falls, Medicare.gov, ShipHelp.org, Utah