Learn about the key changes to Medicare prescription drug coverage in 2026, including a new out-of-pocket cap, insulin cost limits, and a payment plan option.

Each year, Medicare beneficiaries are given the opportunity to select a new plan for the upcoming year during the Open Enrollment Period. This year, Open Enrollment begins on October 15 and will run ...

The annual out-of-pocket limit for Medicare Part D, also known as the catastrophic threshold, will increase to $2,100 in 2026. This represents a $100 rise from the $2,000 cap set for 2025. This ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know. The Centers for Medicare and Medicaid Services has started ...

Whether you retired at the full retirement age or chose to retire early, you're eligible to enroll in Medicare three months before your 65th birthday. Once you've enrolled, you can make changes to ...

I understand that there is a major change to the 2025 Medicare Part D plan with the “Donut Hole” going away. I’m concerned because this year, I entered the donut hole in July and will exit it in ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know. In mid-January 2025, I received a very ballistic email from a ...

Hampton: Well, let’s start with a quick explainer about the similarities and differences of traditional Medicare and Medicare Advantage. Miller: Sure. Well, when you first sign up for Medicare, you’re ...

This article discusses drug discount coupons and services, as well as the associated rules for people enrolled in Medicare. It then looks at the Medicare drug plans and when a person might want to use ...