Medicare Caps Prescription Drug Costs at $2,000 Annually Starting in 2025, Medicare will limit out-of-pocket prescription drug costs to $2,000 annually, a key change from the 2022 Inflation Reduction Act.
Medicare Advantage Costs $300 More Per Enrollee than Traditional Medicare Medicare Advantage plans face higher costs, about $300 more per enrollee, compared to traditional Medicare amid rising utilization pressures. Learn more about the financial impact on insurers.