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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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}); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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}); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; --primaryTextColor: #2a2a2a; --linkTextColor: #1f66bd; --linkHoverColor: #1f66bd; --secondaryTextColor: #000000; --secondaryColor2: #000000; --secondaryColor3: #000000; --secondaryColor4: #000000; --secondaryColor5: #000000; --black: #000000; --white: #ffffff; --grey: #f0efed; --gridGutters: 30px; --modulePadding: 60px; --pageWidth: 86.11%; --maxPageWidth: 1240px; --horizontalAlignment: center; --fontFamily: 'Roboto', sans-serif; --headerBackgroundColor:#000000; --headerTextColor:#FFFFFF; --headerHeight:50px; --footerbackgroundColor:#000000; --footerTextColor:#918883; }', 'title_for_layout' => '{local_city_c}, {local_state} Happenings - AARP' ) $content_for_layout = '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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}); </script> </div> </div> ' $scripts_for_layout = '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; 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AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.
The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.
“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”
Other findings from the report include:
“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy
Monday, Nov 4, 2024 at 5:00 p.m. ET
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Thursday, Nov 7, 2024 at 7:00 p.m. ET
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Friday, Nov 8, 2024 at 9:00 a.m. ET
DeSales University
Center Valley, PA
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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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} [data-video-player][data-aspect-ratio="16x9"] { padding-bottom: 56.25% } </style> --></div><div class="module clearfix"><div class="module-spacer tout-homefit-750"> <a data-formelementid="CSN-LOCAL-HC-NEWSSK-02272024" href="/waymart-pa/home-and-community/?intcmp=CSN-LOCAL-HC-NEWSSK-02272024"><img class="img-responsive" alt="Explore the free AARP HomeFit Guide" title="Explore the free AARP HomeFit Guide" src="https://cdn-aarp.americantowns.com/img/touts/HomeFit_750x150.png"></a> </div></div></div> <div class="col-md-4 right-rail thin-rhs"><div class="module clearfix"><!--default--> <!-- module_RHS - AARP Events --> <div class="ar-basic-box module-spacer"> <header> <div class="pull-right"> <a href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS"> <img style="width:30px;" src="https://cdn-aarp.americantowns.com/img/template/icons/aarp_event_icon.png" alt="Upcoming AARP Events" /> </a> </div> <h2 class="visible-lg">AARP Events for Waymart</h2> <h2 class="hidden-lg">AARP Events for Waymart</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-museum-of-the-american-revolution-when-women-lost-the-vote-virtual-talk-11424-5hn2y9gc6w2.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-WHEN-WOMEN-LOST-THE-VOTE">When Women Lost the Vote</a></h2> <p class="time">Monday, Nov 4, 2024 at 5:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-the-three-bs-of-music-the-beatles-11724-l7nft4gph5h.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-THE-THREE-BS-OF-MUSIC-THE-BEATLES">The Three B's of Music - The Beatles</a></h2> <p class="time">Thursday, Nov 7, 2024 at 7:00 p.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h3 class="topic">Featured Event</h3> <h2 class="title"><a href="/aarp-event/aarp-pa-veteran-caregiver-breakfast-1182024-bsnbg7lx2mz.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-VETERAN-CAREGIVER-APPRECIATION-BREAKFAST">Veteran Caregiver Appreciation Breakfast</a></h2> <p class="time">Friday, Nov 8, 2024 at 9:00 a.m. ET</p> <p class="venue">DeSales University</p> <p class="loc">Center Valley, PA</p> </li> </ul> <p><a class="link-red" href="/waymart-pa/aarp-events/" data-formelementid="LOCAL-BTN-CLK-SEEALL-EVENTS">View All AARP Events<i class="ml-1 fas fa-chevron-right"></i></a></p> </div> </div> </div> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_53475" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_53475', size:'300x250'}); } </script> </div> </div> <div class="card-tout card-dark membership-tout" style="margin:0 0 30px 0;"> <img class="img-responsive image" title="image of two AARP membership cards" alt="image of two AARP membership cards" src="https://cdn-aarp.americantowns.com/img/tout-two-cards.png"> <div class="title">Only $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-WAYMART-PA">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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}); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; --primaryTextColor: #2a2a2a; --linkTextColor: #1f66bd; --linkHoverColor: #1f66bd; --secondaryTextColor: #000000; --secondaryColor2: #000000; --secondaryColor3: #000000; --secondaryColor4: #000000; --secondaryColor5: #000000; --black: #000000; --white: #ffffff; --grey: #f0efed; --gridGutters: 30px; --modulePadding: 60px; --pageWidth: 86.11%; --maxPageWidth: 1240px; --horizontalAlignment: center; --fontFamily: 'Roboto', sans-serif; --headerBackgroundColor:#000000; --headerTextColor:#FFFFFF; --headerHeight:50px; --footerbackgroundColor:#000000; --footerTextColor:#918883; }', 'title_for_layout' => '{local_city_c}, {local_state} Happenings - AARP' ) $content_for_layout = '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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}); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; --primaryTextColor: #2a2a2a; --linkTextColor: #1f66bd; --linkHoverColor: #1f66bd; --secondaryTextColor: #000000; --secondaryColor2: #000000; --secondaryColor3: #000000; --secondaryColor4: #000000; --secondaryColor5: #000000; --black: #000000; --white: #ffffff; --grey: #f0efed; --gridGutters: 30px; --modulePadding: 60px; --pageWidth: 86.11%; --maxPageWidth: 1240px; --horizontalAlignment: center; --fontFamily: 'Roboto', sans-serif; --headerBackgroundColor:#000000; --headerTextColor:#FFFFFF; --headerHeight:50px; --footerbackgroundColor:#000000; --footerTextColor:#918883; }', 'title_for_layout' => '{local_city_c}, {local_state} Happenings - AARP' ) $content_for_layout = '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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}); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Arizona, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/arizona/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-arizona-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-arizona-seniors-az-2024-09-03.html"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta name="twitter:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta name="twitter:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> <meta property="og:type" content="article"/> <meta property="og:title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors"/> <meta property="og:description" content="Savings Possible Thanks to the Prescription Drug Law Championed by AARP"/> <meta property="og:image" content="https://aarp-states.brightspotcdn.com/dims4/default/d7e714d/2147483647/strip/true/crop/800x514+0+9/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2F03%2Fbe%2Fe36f25a84a38a1e645551e464828%2Fgettyimages-1413387051.jpg"/> :root { --primaryColor: #ff1e3c; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$viewFile = '/var/www/vhosts/vcc_staging/app/View/Layouts/aarp_2023.ctp' $dataForView = array( 'content_for_layout' => '<div class="row twoColumnLayout"> <div class="col-md-8 left-rail"><div class="module clearfix"><div class="ar-basic-box"> <div> <div class="module-spacer"> <header><h1 class="article-headline">NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Arizona Seniors</h1></header> <div class="posted-on"> Posted on 09/03/24 by <b>Dawn Alexander</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><p>AARP released a report that shows an estimated 56,086 of Arizonians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Arizona and across the country by lowering drug prices and out-of-pocket costs,” said Dana Marie Kennedy State Director of AARP Arizona, which serves more than 900 thousand members age 50 and older in the state “Knowing they won’t pay a dime over $2,000 next year – maximum – for prescription drugs they get at the pharmacy gives Arizona seniors on Medicare drug plans some peace of mind as they struggle to keep up with rising costs for other everyday essentials like housing, groceries and utilities.”<br><br>Other findings from the report include:<br></p><ul><li>Between 3 and 4 million Part D plan enrollees nationwide are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029, including 72,463 here in Arizona.</li><li>By 2029, the share of enrollees benefiting from the new out-of-pocket cap is estimated to be 10 percent or higher in 19 states, plus the District of Columbia.</li><li>More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.</li></ul><p>“Limiting how much seniors on Medicare drug plans pay for prescription drugs every year builds on other new and important cost-saving measures, such as capping insulin co-pays at $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Arizona State Director Dana Marie Kennedy<br><br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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