Toni,
I understand that there is a major change to the 2025 Medicare Part D plan with the “donut hole” going away. I’m concerned because this year, I entered the donut hole in July and will exit it in November. This month’s Part D statement explained that my prescription drug costs have exploded for the remainder of 2024.
If the “donut hole” is leaving the Medicare prescription drug plan in 2025, how will this affect me? Toni, please explain in easy-to-understand terms what the changes are to the Medicare Part D prescription drug plan for 2025. Thanks.
– Melodye from Spring, Texas
Melodye,