What is the Medicare prescription cap

Two types of Medicare plans cover your prescription drug needs: Stand-alone Medicare Part D plans or Medicare Advantage prescription drug (MAPD) plans. Private insurance companies manage these plans; however, they must adhere to the Medicare guidelines. However, each plan can have different deductibles, but not more than $590 in 2025, and some plans have no deductible.  Also, Medicare Part D has a $2,000 annual cap on out-of-pocket prescription drug costs for all enrollees. Alina Sharon, writing for Healthline, explains the Medicare prescription cap. Read Ms. Sharon’s article here…

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