Q1Medicare.com - Latest Medicare News

Mar, 27 2025 — Can my Medicare drug plan drop the coverage of one of my prescriptions during the plan year? Yes. Your Medicare Part D prescription drug plan's formulary or drug list can change throughout the year adding new generic or brand-name drugs - or removing drugs.

Mar, 27 2025 — The March 2025 Medicare Part D formulary updates included 95 new drug codes or NDCs representing 52 different medications. The NDC uniquely identifies a particular manufacturer, drug-strength, a . . .

Mar, 27 2025 — The March 2025 Medicare Part D plan drug list updates include one (1) newly-introduced generic and ten (10) newly-introduced brand-name drugs. There are a total of 95 new ndcs representing 52 different drugs.

Mar, 18 2025 — If you are enrolled in a Medicare drug plan with Enhanced Alternative (EA) benefits, it is possible that you will pay significantly less than $2,000 out-of-pocket and still reach the annual $2,000 maximum prescription out-of-pocket spending limit or RxMOOP.

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Pres . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 26 2025 — The Centers for Medicare & Medicaid Services (CMS) released a compilation of the BIN and PCN values for each 2025 Medicare Part D plan sponsor.  With the introduction of the Medicare Prescr . . .

Jan, 20 2025 — If you are eligible for Medicare and having difficulties paying for your prescription drugs, you may want to learn more about the Medicare Part D Extra-Help program by calling or visiting a local stat . . .

Jan, 19 2025 — Unfortunately, some people lost their Medicare Part D Extra Help benefits when their Social Security benefit increase pushed them above the Extra Help financial limits.  But these people are u . . .

Jan, 19 2025 — The 2025 Federal Poverty Level (FPL) Guidelines determine the income level requirements for people applying for the Medicare Part D Low-Income Subsidy (LIS) program, also known as the "Extra Help" program that helps pay Medicare prescription drug costs.

Jan, 05 2025 — A number of provision included in the “Inflation Reduction Act” (IRA) will continue to positively impact 2025 Medicare Part D prescription drug plan coverage including: No cost ( . . .

Aug, 16 2023 — A number of changes are included in the Inflation Reduction Act of 2022 impacting future Medicare Part D prescription drug plan coverage.

Jan, 14 2023 — The 2023 Federal Poverty Level (FPL) Guidelines determine the income level requirements for people applying for the Medicare Part D Low-Income Subsidy (LIS) program, also known as the "Extra Help" program that helps pay Medicare prescription drug costs

Jul, 29 2022 — CMS released the 2023 low-income subsidy (LIS) Benchmark premiums for Medicare Part D plans on July 29, 2022. In 2023, seven regions will lower their LIS benchmark premium, one will remain the same, and 26 regions will increase their benchmark premium.

Sep, 28 2022 — Most people will see a slight decrease in their 2023 IRMAA payments.  However, due to the annual inflation adjustments, people with MAGI at the bottom of a bracket last year will now be at the to . . .

Apr, 04 2022 — On April 4, 2022, the Centers for Medicare and Medicaid Services (CMS) released the 2023 Rate Announcement with the 2023 defined standard benefits for Medicare Part D providing an insight into next year's basic Medicare prescription drug plan coverage.

Jan, 20 2025 — If you are eligible for Medicare and having difficulties paying for your prescription drugs, you may want to learn more about the Medicare Part D Extra-Help program by calling or visiting a local stat . . .

Nov, 13 2021 — Since 2020, the Income-Related Monthly Adjustment Amount (IRMAA) income brackets are inflation adjusted.  Consequently, people with an annual income under $170,000 who are at the low end of thei . . .

Jul, 29 2021 — CMS released the 2022 low-income premium subsidy amounts (or Benchmark premiums) for Medicare Part D plans on July 29, 2021. In 2022, two regions will lower their Medicare Part D Low-Income Subsidy (LIS) benchmark premiums and 32 regions will increase their benchmark premium.

Jan, 16 2022 — The 2022 Federal Poverty Level (FPL) Guidelines determine the income level requirements for people applying for the Medicare Part D Low-Income Subsidy (LIS) program, also known as the "Extra Help" program that helps pay Medicare prescription drug costs

Aug, 04 2023 — If the retail value of your formulary drug purchases are over $420, you will enter the 2024 Donut Hole and, you will receive a 75% discount for all formulary drugs while in the Coverage Gap.

Jan, 16 2021 — On January 15, 2021, the Centers for Medicare and Medicaid Services (CMS) released the final 2022 Announcement that included the 2022 defined standard benefits for Medicare Part D prescription drug plan coverage.

Jul, 30 2020 — CMS released the 2021 low-income premium subsidy amounts (or Benchmark premiums) for Medicare Part D plans on July 29, 2020. In 2021, four regions will lower their Medicare Part D Low-Income Subsidy (LIS) benchmark premiums and 30 regions will increase their benchmark premium.

Nov, 06 2020 — The Income-Related Monthly Adjustment Amount (IRMAA) income brackets became inflation adjusted in 2020.  Consequently, people with an annual income under $165,000 who are at the low end of their . . .

Mar, 07 2022 — Update 12/24/2022: 2023 BIN and PCN available at Q1News.com/989 -- see first page (E0654 - H2134), second page (H2161 - H3655), third page (H3660 - H5355), fourth page (H5372 - H7220), fifth page . . .