Decoding Medicare choices
Chapter 1
The birth of Original Medicare
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Chapter 2
The rise of Medicare Advantage
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Chapter 3
The battle of choices and prescriptions
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YOUR GOAL
Master of Decoding Medicare choices
Ch 3 · The battle of choices and prescriptions
hank Medicare vs Medicare Advantage
Original Medicare, government-backed, you choose your own doctor. But Advantage plans bundle extra care, and cap your yearly spending.
Fun Fact
Drug cost cap: Starting in 2025, federal law capped annual out-of-pocket prescription drug costs at $2,000 for all Medicare Part D enrollees.
Glossary
part d (noun)
An optional federal program that helps Medicare beneficiaries pay for outpatient prescription drugs. In 2006, the federal government launched this benefit, forcing seniors to select standalone or bundled private plans.
An optional federal program that helps Medicare beneficiaries pay for outpatient prescription drugs. In 2006, the federal government launched this benefit, forcing seniors to select standalone or bundled private plans.
Quiz
Which law capped Medicare Part D out-of-pocket drug costs at $2,000 starting in 2025?