Surprise 2025 Medicare Part D Program Announced August Update

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The Medicare landscape is changing once again! In this video, we dive into Medicare’s latest announcement—a brand-new Part D Premium Stabilization Demonstration designed to limit premium increases heading into 2025. If you’re enrolled in a Medicare Part D prescription drug plan, this is a must-watch to understand how these changes could impact your out-of-pocket costs. • Video Timeline: • 0:00 - 1:04 - Introduction • 1:05 - 1:39 - Inflation Reduction Act Part D Changes • 1:40 - 4:14 - New 2025 Part D Details • 4:15 - 9:24 - Brand New Part D Program • 9:25 - 11:43 - New Part D Change #1 • 11:44 - 15:19 - New Part D Change #2 • 15:20 - 18:35 - New Part D Change #3 • 18:36 - 20:47 - Our Thoughts • 📌 What You'll Learn: • A quick overview of the major Medicare Part D changes for 2025 due to the Inflation Reduction Act. • How the Part D Premium Stabilization Demonstration will work, including the $15/month reduction in base premiums and the $35/year cap on premium increases. • The financial implications for Medicare beneficiaries and how this new program aims to create stability in the Part D market. • Our thoughts on how this program will affect you and your Medicare Part D coverage in the coming years. • 🔗 Helpful Links: • Our Website: https://gmedicareteam.com/ • Medicare.gov Plan Finder: https://www.medicare.gov/plan-compare/ • Additional Educational Resources: https://gmedicareteam.com/needmedicare/ • 👉 Don’t forget to: • 👍 Like this video if you found it helpful. • 💬 Let us know in the comments what you think of the changes to our studio setup, and share your thoughts on the new Medicare Part D changes! • 🔔 Subscribe to our channel for more updates on Medicare changes and tips to maximize your coverage. • Video Sources: • Medicare Part D Landscape Files: https://www.cms.gov/medicare/coverage... • KFF What to know about 2025 Part D premiums: https://www.kff.org/medicare/issue-br... • Fierce Healthcare article about new stabilization program: https://www.fiercehealthcare.com/paye... • MedPAC Part D Payment System: https://www.medpac.gov/wp-content/upl... • Full CMS Premium Stabilization Announcement: https://www.cms.gov/files/document/ju... • CMS Fact Sheet about Premium Stabilization Demo: https://www.cms.gov/newsroom/fact-she... • Full Medicare Part D 2025 Rate Announcement: https://www.cms.gov/files/document/20... • CMS FAQ about premium stabilization demo: https://www.cms.gov/files/document/pa... • #MedicarePartD #Medicare2025 #MedicareChanges #PrescriptionCoverage #GiardiniMedicare #MedicareSupplement #MedicareAdvantage

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