Medicare changes in 2025 include limits on prescription drug costs and telehealth restrictions.
From Nasdaq: 2025-01-25 18:00:00
- Important Medicare updates took effect on Jan. 1, including a $2,000 cap on out-of-pocket prescription drug costs. However, Medicare premiums for Parts A and B increased, and some benefits were quietly restricted.
- New telehealth restrictions for Medicare beneficiaries have been implemented, limiting access to telehealth services that were expanded during the COVID-19 pandemic. Original Medicare still covers telehealth for certain conditions, but seniors are now subject to old restrictions.
- Medicare will cover telehealth for monthly end-stage renal disease visits, acute stroke symptoms, substance use disorder treatment, behavioral health services, diabetes training, and more. Seniors should review their coverage and consider out-of-pocket costs for telehealth visits.
- Some seniors may need to adjust to the changes in telehealth coverage, especially if they were used to virtual doctor visits. It’s important to understand individual insurance policies and consult with insurers or doctors for guidance on the best options.
- The article also discusses Social Security benefits and strategies to maximize retirement income, including little-known secrets that could significantly boost yearly payments. The link provided offers more information on these strategies for retirement planning.
Read more at Nasdaq: This 2025 Medicare Change Took Away a Valuable Benefit for Millions of Americans