Suze Orman highlights important Medicare issues, including changes in coverage and out-of-pocket costs.

From Yahoo Finance: 2025-06-25 09:02:00

Many Americans rely on Medicare to help with medical expenses, but staying up to date with changes is crucial. Personal finance expert Suze Orman highlights two important Medicare issues that need addressing. Changes in Medicare policies include blocking coverage for obesity drugs and weight management treatments. Dr. Mehmet Oz aims to modernize Medicare, marketplaces, and Medicaid for improved transparency and fraud prevention.

Insurers often deny coverage to avoid paying for health services, but appeals can lead to reversals. A new $2,000 cap on out-of-pocket prescription costs benefits Medicare patients, but may result in increased premiums and changes in coverage. Orman advises careful review of 2025 Plan D renewal notices and shopping for cost-effective plans.

Orman stresses the importance of shopping for affordable Part D coverage and considering copays and drug coverage. Utilize the Medicare Plan Finder tool and consult with a Medicare insurance agent to explore options for 2025. Stay informed on changes in Medicare policies and be proactive in managing healthcare expenses.



Read more at Yahoo Finance: 2 Important Medicare Issues That Suze Orman Wants You To Understand