Get Ready For Medicare Part D Changes In 2024! 💰

Medicare Part D is changing in 2024! Part D is an important component of the Medicare system. In 2024, there have been several crucial modifications and advancements that impact beneficiaries.

Whether you're currently enrolled in Part D or planning to explore your options, this video serves as your go-to resource for understanding the workings of your drug coverage.

Don't miss out on the latest updates and details about how Medicare Part D works in 2024 and beyond!

Get Ready For Medicare Part D Changes In 2024!

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LET’S CONNECT:
00:00 Introduction
00:44 How Part D Works
01:16 4 Stages of Part D
02:21 Deductible
04:19 Initial Coverage
06:18 Coverage Gap in 2024
07:34 Catastrophic Coverage in 2024
09:14 Part D Premium Increase?

[allisonjames]

Lot's of good updated info here, thank you! Question: are you aware of any Part D stand alone plans that would allow enrollment to a member that has residency outside of the US, primarily to avoid a premium penalty later if returning to live in the US after a long interim abroad (in retirement). Do you have a video that addresses Expat Medicare issues?

[mikelehman]

Great information. Thanks for sharing
Government needs even more simplicity

[oobihdahboobeeboppah]

I'm still confused, so I'll have to re-run this a few times.

[danflaherty]

Another great video, thanks! At about 9:40 you mention increases in "Supplemental Part D premiums". What exactly are those, as opposed to "Base" Part D premiums? Thanks.

[hinglemccringleberry]

Great video! How do manufacturer discounts factor in to the coverage gap?

[randyzeilinger]

Read that book and gave it to my brother to read excellent book

[beoz]

If one has advantage no monthly payment for medicine. I am signed up with original g and $80 a month for meds and $125 a month for coverage. About $2, 000 a year. If I change to advantage no cost. Max $3400 out of pocket with advantage and with original $240 max out of pocket. So stressful making decision. I have until Feb 29 to make a change or stick with original.

[Barbie]

What is until you reach "The Gap"?? What the H is the Gap and why do they have it..?? -
- Why can't they just do this like some of the coverages in a regular insurance we might get through our place of employment...??? There are 20+ things we have to choose from... Why..? My husband and I have worked since forever (the beginning).. I just don't get it.... It should not happen to us. Why does our effing government to this to us..