monthly cap on insulin cost sharing, and an annual limit on premium increases from 2024 to 2029. The law also imposes a penalty on drug manufacturers that takes the form of a rebate to Medicare if drug manufacturers raise prices of most Part D-covered drugs above an annual inflation measure...
2024 i) Part D enrollees entering the “catastrophic” phase of coverage will not owe any additional copays for the year. In other words, they will have 100% coverage. ii) Part D premiums will be capped at a maximum price increase of 6% annually through 2029. Additionally, the government...