What you need to know about Medicare's 2025 changes

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What you need to know about Medicare's 2025 changes
Medicare
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The Medicare Open Enrollment period is set to begin on October 15. However, changes are on the horizon for 2025, prompting beneficiaries to consider their...

The Medicare Open Enrollment period is set to begin on October 15. However, changes are on the horizon for 2025, prompting beneficiaries to consider their long-term healthcare strategies. Yahoo Finance Reporterbreaks down these upcoming modifications, highlighting three key areas: the introduction of an out-of-pocket drug cost cap, a new approach to budgeting Medicare drug costs, and adjustments to current Medicare Advantage plans.

So these are changes that are going to start in January but most people, seven out of 10 people just say skip it.I don't want to rock the boat, but this year don't do that because three new things are coming on.So this is part of traditional Medicare, but that $2000 cap is, is really a big deal. Medicare advantage plans will also see some change this year because as more people have shifted into these Medicare Advantage plans, it's now the dominant form uh of uh Medicare coverage is these plans has gotten kind of expensive because people came to them because you've got vision is included.So look carefully.Your vision benefit may shift a bit.

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