New Medicare Part D cap limits out-of-pocket drug costs to $2,000 in 2025
Medicare beneficiaries with high prescription drug bills got a major change in 2025: annual out-of-pocket costs for covered Part D drugs are now capped at $2,000. For people who rely on expensive cancer treatments, specialty medicines, or brand-name therapies for chronic conditions, that limit replaces the old system that could leave costs climbing long after…