January 1st starts a new year and a new Part D deductible

The New Year

You've finally got the hang of things with this Medicare "stuff".  At least you think you do. You walk into your local pharmacy to pick up your Eliquis prescription on January 8, for example, and BAM, the cashier rings you up and says "that will be $47.00". (based on the Part D plan that you are enrolled into and you found the proper plan based on using our video)

And you think "What? Last year I was clobbered in January with having to pay my deductible in January"

Welcome to Part D plans

This year, things are a bit more confusing with the implementation of the 2025 cap on prescription drug spending. There are "enhanced" plans and there are "basic" plans.

Now more than ever, it's really, really important for you all to take the time to learn to use the Medicare.gov planfinder tool.

The annual deductible for some plans in 2025 is $590.00. HOW you reach your deductible will depend on your medication tier, the pharmacy you select and your zip code.

Not even hitting the $2,000 cap?

Extra confusing, right? in 2025, some of you with a very expensive drug may have that you are  literally spending $450.00 (from your pocket) and somehow that satisfies your $2,000 for the year.

Impossible to explain here so PLEASE go watch our YouTube video explaining this more clearly.