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Inflation Reduction Act 2022

“The Inflation Reduction Act will protect Medicare recipients from catastrophic drug costs by phasing in a cap for out-of-pocket costs and establishing a $35 cap for a month’s supply of insulin. And, as a historic win, Medicare will be able to negotiate prices for high-cost drugs for the first time ever. “

Medicare & You 2023 Update

The “Medicare & You” handbook is mailed to all Medicare households each fall. It includes a summary of Medicare benefits, rights, and protections; lists of available health and drug plans; and answers to frequently asked questions about Medicare.

Preview it below!

How much COLA could increase in 2023?

“The roughly 70 million people – retirees, disabled people and others – who rely on Social Security could receive an 8.7% cost-of-living adjustment, or COLA, next year, according to an estimate by Mary Johnson, a policy analyst for the Senior Citizen League, an advocacy group.”