And prescription drugs are about to get cheaper for seniors
on Medicare starting in January. Medicare's$2000 prescription drug
cap will take effect. The yearly limit is a
provision under the Inflation Reduction Act and is expected to
make a significant impact for patients taking expensive drugs that
treat cancer and other serious. conditions. The AARP
estimates 3.2 million Americans will see those savings in 2025
. The cap applies to Part D plans and some
payments like the extra help program. It will also
apply to insulin making, the drug$35 per month
covering prescription.