Even with Part D drug coverage, it's common to have to spend money on copays. The good news is that beginning in 2025, Medicare Part D out-of-pocket drug costs will be capped at $2,000. This new rule may not only spell relief, but also help you better work prescription costs into your budget.

Seniors will see higher Medicare costs in 2025, as the average Part B premium is set to increase by 5.9 percent, the Centers for Medicare and Medicaid Services (CMS) announced this week. That means the base monthly premium for Part B will be $185,

The Centers for Medicare and Medicaid Services (CMS) announced the 2025 inflation-adjusted amounts for Medicare Parts A, B, and D. The base monthly premium for Part B will be $185.00, an increase of $10.