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Major Medicare Changes Coming in 2025
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In this video, I dive into the significant changes coming to Medicare in 2025 that you need to be aware of. From the increase in the Medicare Part D deductible to $590, to the introduction of a $2,000 cap on annual out-of-pocket medication costs, these updates could have a major impact on your healthcare expenses. We'll also discuss the elimination of the coverage gap (donut hole), the new payment smoothing option for spreading out high medication costs, and changes to Part D premiums and market providers.
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