First, the name is a load of crap, but whatever. If this goes political, I am deleting the thread.
I read the sections I care about, with regards to Individual Coverage and Medicare and here are my cliff notes.
1. The ARPA subsides will continue for another 3 years. So more money for everyone and the subsidy cliff is still dead.
2. Part D OOP of $2K (way too low, IMO) begins in 2025
3. Part D Extra Help Low Income limits will increase in 2024 from 135% of FPL to 150% of FPL
4. Part D Price Negotiation will begin. This goes way into the weeds, but nothing will happen that we deal with until 2026.
5. There's something in there on extended patent drug costs, but again, its a 2024 issue
For 2023, its rinse and repeat.
Things to remember: Part D rules apply to MAPD, too. And 2025 is going to be s**tshow for premiums on both sides.
https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_of_2022.pdf
(And yes, I am still on Catalina and a little pissy this happened while I am out here. Couldn't they have waited til next week???)
I read the sections I care about, with regards to Individual Coverage and Medicare and here are my cliff notes.
1. The ARPA subsides will continue for another 3 years. So more money for everyone and the subsidy cliff is still dead.
2. Part D OOP of $2K (way too low, IMO) begins in 2025
3. Part D Extra Help Low Income limits will increase in 2024 from 135% of FPL to 150% of FPL
4. Part D Price Negotiation will begin. This goes way into the weeds, but nothing will happen that we deal with until 2026.
5. There's something in there on extended patent drug costs, but again, its a 2024 issue
For 2023, its rinse and repeat.
Things to remember: Part D rules apply to MAPD, too. And 2025 is going to be s**tshow for premiums on both sides.
https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_of_2022.pdf
(And yes, I am still on Catalina and a little pissy this happened while I am out here. Couldn't they have waited til next week???)