out-of-pocket maximum Archives - Marketplace

New limits on Medicare drug costs start at start of year

by Samantha Fields

Dec 30, 2024

The caps are mandated by the Inflation Reduction Act. No Medicare patient will pay more than $2,000 out of pocket for prescription drugs.

Before the Inflation Reduction Act, there was no cap on out-of-pocket prescription drug costs for people with Medicare.

Scott Olson/Getty Images

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