What would you do if you faced $2,000 in out-of-pocket prescription costs?
Last year, several Medicare reforms were enacted through the Inflation Reduction Act, including a $2,000 annual cap on out-of-pocket prescription costs which will take effect in 2025. Putting an annual limit in place is a good step, but we know that for many people, $2,000 is still a lot of money.
So, we want to hear from you. Would paying $2,000 out of pocket be challenging? Would it be easy? Would you need to change your budget or get support from loved ones or an organization like PAN? Share your answers below.
Please note: the PAN Foundation will continue to provide co-pay support even after the annual limit is in place.