The Medicare Prescription Payment Plan (M3P) is a new payment option that works with your current drug coverage to help you manage your out-of-pocket costs for drugs covered by your plan by spreading them across the calendar year (January–December). This does not include premiums . This does not save money.

Will Medicare pick up all the costs? What about long-term care?

Tune in to Linda Gardner at Blue Heron Capital on the radio or via podcast

Saturdays @ 10AM on 630 KHOW TALK RADIO

Sundays @ 9AM on 93.7 Freedom

The Inflation Reduction Act provides meaningful financial relief for millions of people with Medicare by improving access to affordable treatments and strengthening the Medicare Program both now and in the long-run.

The new drug law makes improvements to Medicare that will expand benefits, lower drug costs, keep prescription drug premiums stable, and improve the strength of the Medicare program.

Keep up to date on premiums for Medicare Part A, Medicare Part B, IRMAA Part B and IRMAA Part D are based on modified adjusted gross income from two years ago.

Here are 5 tips to consider if you think you might need to get help with the costs of prescription drug coverage.

How can I get coverage for dental? Will it change my medical coverage or costs?