Social Security And Medicare Changes For 2025

2025 Medicare Changes

Every year there are changes to Medicare Advantage Plans and Social Security. Most years the changes are not dramatic. But this year the change in your Medicare Advantage plan may be dramatic.

If you have a Medicare Advantage Plan, do not assume that your plan will remain the same for 2025. Because the annual out-of-pocket spending for Part D prescription drugs were capped at $2,000, the insurance companies have redesigned their plans and have also cancelled approximately 2,000,000 people. You need to make sure you are not one of those people who were cancelled. In addition, if your plan was not cancelled, they may have been changed.