MAPD, PDP and the Inflation Reduction Act

Please watch this short video that explains what we know and what I think might happen during this coming Medicare Annual Election Period and how it will affect you.

Some of it is positive. Some of it is a big question mark. EVERY beneficiary needs this information which is why I am sharing the information like this.

Below is an excellent chart that shows the changes in the PDP component from 2024 to 2025.

We are going to have to be very careful this year. My biggest fear is that the insurers will drop some of the most expensive drugs and this will leave you guys paying the entire cost of the medication because the $2,000 cap only applies to drugs in the insurer’s formulary.

To make sure everyone is scheduled quickly, below are the links to my scheduling app. Regina will start calling people next week but if you have the technical skills, you should schedule yourself before then.

• If you are WEST of Lexington, click https://calendly.com/michaeltoddoldfield/wkymedicarereviews?month=2024-10
• If you are from all other areas of Kentucky or Indiana or Florida, click https://calendly.com/michaeltoddoldfield/wky-medicare-reviews-10-1-12-7-clone?month=2024-10
• and if you are new clients, or CLASS ATTENDEES, click  https://calendly.com/michaeltoddoldfield/turning65?month=2024-09