- A slight increase in monthly Medicare Part D plan premiums across the available 2014 Medicare Part D and Medicare Advantage plans (you can click here to read more on this site),
- Medicare beneficiaries assessed with a late-enrollment premium penalty will notice a 4% higher monthly penalty payment,
- Medicare beneficiaries in the higher income brackets can expect around a 4% increase in their 2014 Income-Related Monthly Adjustment Amount (or IRMAA). Specifically, Medicare beneficiaries in the lowest IRMAA income bracket will see the largest increase: an increase in their IRMAA payments of 4.31%. on this site,
- The Fall 2013 Guide to Low Income Subsidy mailings from CMS, the Social Security Administration, and the Medicare Part D prescription drug plans is now online and can be found on this site,
- The 2014 Donut Hole discount will remain at 52.5% for all brand-name medications purchased in the Donut Hole and the 2014 generic Donut Hole discount will increase to 28%, and finally,
- The 2014 state-specific Low-Income Subsidy (LIS) benchmark premiums are also now available online. (Each of the 34 CMS stand-alone Medicare Part D prescription drug plan regions sets an annual premium benchmark and, in general, Medicare drug plans with monthly premiums under this benchmark premium qualify for the LIS (or Extra Help) $0 monthly premium.)
on this site now offers a free email 2014 reminder service to keep Medicare beneficiaries informed as the 2014 Medicare plan information becomes available.
Sign-up for the reminder services is available at on this site.