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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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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; } </style> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_93505" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_93505', size:'300x250'}); } </script> </div> </div> <div class="module-spacer text-center"> <div class="fb-page" alt="Image of AARP Michigan Facebook Page" title="Image of AARP Michigan Facebook Page" data-href="https://www.facebook.com/aarp.michigan" data-tabs="timeline" width="320" height="" data-small-header="false" data-adapt-container-width="true" data-hide-cover="false" data-show-facepile="true" lazy="true"> <blockquote cite="https://www.facebook.com/aarp.michigan" class="fb-xfbml-parse-ignore"><a href="https://www.facebook.com/aarp.michigan">Facebook</a></blockquote> </div> </div> <div class="ar-basic-box module-spacer"> <header> <h2>Contact AARP <br />in Jackson</h2> </header> <div class="wrap"> <div class="ar-quick-list module-spacer"> <ul class="list-unstyled"> <li><i class="list-icon fa fa-envelope" alt="Email icon" title="Email icon" aria-hidden="true"></i><a href="mailto:MIAARP@aarp.org" target="_blank" rel="noopener">MIAARP@aarp.org</a></li> <li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/michigan/" target="_blank" rel="noopener">AARP Michigan</a></li> <li><i class="list-icon fa fa-map-marker" alt="Map Marker icon" title="Map Marker icon" aria-hidden="true"></i><a href="https://states.aarp.org/welcome-to-aarp-michigan/?intcmp=SNG-LNK-AARPLOCAL-CONTACT-20140101-JACKSON-MI" target="_blank" rel="noopener">Contact Us</a></li> </ul> </div> <a href="https://www.facebook.com/aarp.michigan" target="_blank" rel="noopener" aria-label="Open Facebook"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/facebook-dreamstale25.png" alt="Facebook icon" title="Facebook icon"></a> <a href="https://twitter.com/AARPMichigan" target="_blank" rel="noopener" aria-label="Open Twitter"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/x-logo-black.png" alt="Twitter icon" title="Twitter icon"></a> <a href="https://www.instagram.com/aarpmichigan/" target="_blank" rel="noopener" aria-label="Open Instagram"><img src="https://cdn-aarp.americantowns.com/img/icon-ig.png" alt="Instagram icon" title="Instagram icon" style="height: 49px;"></a> </div> </div> </div></div> <div class="col-md-8 left-rail left-bot"></div> <div class="col-md-4 right-rail right-bot thin-rhs"></div> </div> <div class="row oneColumnLayout"> </div> <div class="row oneColumnLayout"> <div class="col-md-12"><!-- script to activate navbar --> <script type="text/javascript"> jQuery(".channelBarMain ul.left li a").click(function() { window.location = jQuery(this).attr('href'); }); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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> <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 $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-JACKSON-MI">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-JACKSON-MI">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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> <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 $12 your first year with Automatic Renewal</div> <ul class="list"> <li>Immediate access to your <a href="https://www.aarp.org/benefits-discounts/">member benefits</a></li> <li>Discounts on travel and everyday savings</li> <li>Subscription to AARP The Magazine</li> <li>FREE second membership</li> </ul> <div class="action"> <a class="btn" href="https://appsec.aarp.org/mem/join?campaignid=UAJFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-JACKSON-MI">Join AARP</a> <div class="body">Already a member? <a href="https://appsec.aarp.org/mem/renew?campaignid= UARFT3&intcmp=LNK-CSN-AARPLOCAL-JRTOUT-RR-A-JACKSON-MI">Renew</a> or <a href="https://www.aarp.org/benefits-discounts/my-membership/print-your-card/">Print Card</a></div> </div> </div> <style> .membership-tout {padding:16px 20px;} .membership-tout .list li { margin: 0; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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; } </style> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_93505" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_93505', size:'300x250'}); } </script> </div> </div> <div class="module-spacer text-center"> <div class="fb-page" alt="Image of AARP Michigan Facebook Page" title="Image of AARP Michigan Facebook Page" data-href="https://www.facebook.com/aarp.michigan" data-tabs="timeline" width="320" height="" data-small-header="false" data-adapt-container-width="true" data-hide-cover="false" data-show-facepile="true" lazy="true"> <blockquote cite="https://www.facebook.com/aarp.michigan" class="fb-xfbml-parse-ignore"><a href="https://www.facebook.com/aarp.michigan">Facebook</a></blockquote> </div> </div> <div class="ar-basic-box module-spacer"> <header> <h2>Contact AARP <br />in Jackson</h2> </header> <div class="wrap"> <div class="ar-quick-list module-spacer"> <ul class="list-unstyled"> <li><i class="list-icon fa fa-envelope" alt="Email icon" title="Email icon" aria-hidden="true"></i><a href="mailto:MIAARP@aarp.org" target="_blank" rel="noopener">MIAARP@aarp.org</a></li> <li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/michigan/" target="_blank" rel="noopener">AARP Michigan</a></li> <li><i class="list-icon fa fa-map-marker" alt="Map Marker icon" title="Map Marker icon" aria-hidden="true"></i><a href="https://states.aarp.org/welcome-to-aarp-michigan/?intcmp=SNG-LNK-AARPLOCAL-CONTACT-20140101-JACKSON-MI" target="_blank" rel="noopener">Contact Us</a></li> </ul> </div> <a href="https://www.facebook.com/aarp.michigan" target="_blank" rel="noopener" aria-label="Open Facebook"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/facebook-dreamstale25.png" alt="Facebook icon" title="Facebook icon"></a> <a href="https://twitter.com/AARPMichigan" target="_blank" rel="noopener" aria-label="Open Twitter"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/x-logo-black.png" alt="Twitter icon" title="Twitter icon"></a> <a href="https://www.instagram.com/aarpmichigan/" target="_blank" rel="noopener" aria-label="Open Instagram"><img src="https://cdn-aarp.americantowns.com/img/icon-ig.png" alt="Instagram icon" title="Instagram icon" style="height: 49px;"></a> </div> </div> </div></div> <div class="col-md-8 left-rail left-bot"></div> <div class="col-md-4 right-rail right-bot thin-rhs"></div> </div> <div class="row oneColumnLayout"> </div> <div class="row oneColumnLayout"> <div class="col-md-12"><!-- script to activate navbar --> <script type="text/javascript"> jQuery(".channelBarMain ul.left li a").click(function() { window.location = jQuery(this).attr('href'); }); </script> </div> </div> ', 'scripts_for_layout' => '<title>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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; } </style> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_93505" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_93505', size:'300x250'}); } </script> </div> </div> <div class="module-spacer text-center"> <div class="fb-page" alt="Image of AARP Michigan Facebook Page" title="Image of AARP Michigan Facebook Page" data-href="https://www.facebook.com/aarp.michigan" data-tabs="timeline" width="320" height="" data-small-header="false" data-adapt-container-width="true" data-hide-cover="false" data-show-facepile="true" lazy="true"> <blockquote cite="https://www.facebook.com/aarp.michigan" class="fb-xfbml-parse-ignore"><a href="https://www.facebook.com/aarp.michigan">Facebook</a></blockquote> </div> </div> <div class="ar-basic-box module-spacer"> <header> <h2>Contact AARP <br />in Jackson</h2> </header> <div class="wrap"> <div class="ar-quick-list module-spacer"> <ul class="list-unstyled"> <li><i class="list-icon fa fa-envelope" alt="Email icon" title="Email icon" aria-hidden="true"></i><a href="mailto:MIAARP@aarp.org" target="_blank" rel="noopener">MIAARP@aarp.org</a></li> <li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/michigan/" target="_blank" rel="noopener">AARP Michigan</a></li> <li><i class="list-icon fa fa-map-marker" alt="Map Marker icon" title="Map Marker icon" aria-hidden="true"></i><a href="https://states.aarp.org/welcome-to-aarp-michigan/?intcmp=SNG-LNK-AARPLOCAL-CONTACT-20140101-JACKSON-MI" target="_blank" rel="noopener">Contact Us</a></li> </ul> </div> <a href="https://www.facebook.com/aarp.michigan" target="_blank" rel="noopener" aria-label="Open Facebook"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/facebook-dreamstale25.png" alt="Facebook icon" title="Facebook icon"></a> <a href="https://twitter.com/AARPMichigan" target="_blank" rel="noopener" aria-label="Open Twitter"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/x-logo-black.png" alt="Twitter icon" title="Twitter icon"></a> <a href="https://www.instagram.com/aarpmichigan/" target="_blank" rel="noopener" aria-label="Open Instagram"><img src="https://cdn-aarp.americantowns.com/img/icon-ig.png" alt="Instagram icon" title="Instagram icon" style="height: 49px;"></a> </div> </div> </div></div> <div class="col-md-8 left-rail left-bot"></div> <div class="col-md-4 right-rail right-bot thin-rhs"></div> </div> <div class="row oneColumnLayout"> </div> <div class="row oneColumnLayout"> <div class="col-md-12"><!-- script to activate navbar --> <script type="text/javascript"> jQuery(".channelBarMain ul.left li a").click(function() { window.location = jQuery(this).attr('href'); 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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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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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Savings Possible Thanks to the Prescription Drug Law Championed by AARP
Today, AARP released a report that shows an estimated 163,000 Michigan residents 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.
See the full report for a detailed breakdown of the cap’s impact by state.
“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Cunningham.
Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report here and learn more about AARP’s work to lower prescription drug prices, visit How High Rx Prices Hurt.
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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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'}); 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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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 $35 a month and making many vaccines, such as shingles and pneumonia, free,” said Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<br></p></div> </div> </p></span> </div> </div> </div> </div><div class="module clearfix"><script src="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.c85a242a55150cd195e494cd6e5b9c77.gz.js" async=""></script> <link rel="stylesheet" media="all" href="https://aarp-states.brightspotcdn.com/resource/00000168-dd17-d487-a96e-df5fe3ee0000/styleguide/All.min.bfe6eb5a8301841feef3af4e9bd1e26d.gz.css"> <!-- bypass --> <style> a:focus, a:hover { text-decoration: underline; 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$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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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 Michigan Seniors</title> <meta name="page_title" content="NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Michigan Seniors"/> <meta name="robots" content="noindex, nofollow"/> <meta content="Savings Possible Thanks to the Prescription Drug Law Championed by AARPToday, AARP released a report that shows an estimated 163,000 Michigan residents" name="description"/> <meta content="NEW, AARP, Report, Impact, of, Historic, Medicare, Rx, Out, Pocket, Spending, Cap, on, Michigan, Seniors" name="keywords"/> <link rel="canonical" href="https://states.aarp.org/michigan/new-aarp-report-impact-of-historic-medicare-rx-out-of-pocket-spending-cap-on-michigan-seniors" /> <meta property="og:url" content="https://vccstaging.local.aarp.org/news/new-aarp-report-impact-of-historic-medicare-rx-outofpocket-spending-cap-on-michigan-seniors-mi-2024-08-28.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan 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/634abe4/2147483647/strip/true/crop/1024x658+0+55/resize/420x270!/quality/90/?url=http%3A%2F%2Faarp-brightspot.s3.amazonaws.com%2Fstates%2Fb8%2F9e%2F1bbe53532eec24b66bfdb535e5bd%2F6127243966-e9189f1099-b.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 Michigan Seniors</h1></header> <div class="posted-on"> Posted on 08/28/24 by <b>Careena Eggleston</b> </div> </div> <div class="module-spacer"> <span class="blog-content"><p><div class="RichTextArticleBody"> <div class="RichTextArticleBody-body"><div class="Enhancement" > <div class="Enhancement-item"><figure class="Figure" data-alignment="center"> <img src="https://aarp-states.brightspotcdn.com/b8/9e/1bbe53532eec24b66bfdb535e5bd/6127243966-e9189f1099-b.jpg" alt="Rx Drug Prices are Skyrocketing" width="1024" height="768"/> </figure> </div> </div><p><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b><br><br>Today, AARP released a report that shows an estimated 163,000 Michigan residents 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></p><p class="cms-textAlign-center"><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer"><b>See the full report for a detailed breakdown of the cap’s impact by state.</b></a></span></span></p><p><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Michigan and across the country by lowering drug prices and out-of-pocket costs,” said Paula Cunningham, state director of AARP Michigan, which serves more than 1.25 million 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 Michigan 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 an average of 179,000 here in Michigan.<br></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, including Michigan, plus the District of Columbia.<br></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 Cunningham.<br><br>Learn more about the impact of the new Medicare Part D out-of-pocket spending cap and view the full report <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/content/dam/aarp/ppi/topics/health/prescription-drugs/new-medicare-part-d-out-of-pocket-spending-cap-important-improvement-for-enrollees-facing-high-prescription-drug-costs.doi.10.26419-2fppi.00335.001.pdf" target="_blank" rel="noopener noreferrer">here</a></span></span> and learn more about AARP’s work to lower prescription drug prices, visit <span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="https://www.aarp.org/politics-society/advocacy/prescription-drugs/" target="_blank" rel="noopener noreferrer">How High Rx Prices Hurt</a></span></span>.<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="/jackson-mi/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="/jackson-mi/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 Jackson</h2> <h2 class="hidden-lg">AARP Events for Jackson</h2> </header> <div class="wrap"> <div class="ar-listing snippet"> <ul class="list"> <li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-mi-disrupt-aging-book-club-11252024-pwn732szj7q.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-DISRUPT-AGING-BOOK-CLUB">Disrupt Aging Book Club</a></h2> <p class="time">Monday, Nov 25, 2024 at 10:30 a.m. ET</p> <p class="venue"></p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-nm-fitness-virtual-yoga-fusion-class-11252024-vfns4ghnpl5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-ENHANCE-YOUR-WORKOUT-WITH-YOGA-FUSION">Enhance Your Workout With Yoga Fusion</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li><li class="item" data-pageindex="1"> <h2 class="title"><a href="/aarp-event/aarp-pa-moving-with-milly-11252024-nxn278l9wf5.html" data-formelementid="LOCAL-BTN-CLK-EVENTS-MOVING-WITH-MILLY-CHAIR-EXERCISES-FOR-IMPROVED-MOBILITY">Moving with Milly: Chair Exercises for Improved Mobility</a></h2> <p class="time">Monday, Nov 25, 2024 at 11:00 a.m. ET</p> <p class="venue">Zoom</p> <p class="loc">Online Event</p> </li> </ul> <p><a class="link-red" href="/jackson-mi/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-JACKSON-MI">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-JACKSON-MI">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; } </style> <div aria-hidden="true" class="aarpe-ad-wrapper"> <div class="aarpe-ad en clearfix" id="300x250_93505" data-adsize="300x250"> <script type="text/javascript"> if(typeof AARP.ads !== 'undefined'){ AARP.ads.slots({ id:'300x250_93505', size:'300x250'}); } </script> </div> </div> <div class="module-spacer text-center"> <div class="fb-page" alt="Image of AARP Michigan Facebook Page" title="Image of AARP Michigan Facebook Page" data-href="https://www.facebook.com/aarp.michigan" data-tabs="timeline" width="320" height="" data-small-header="false" data-adapt-container-width="true" data-hide-cover="false" data-show-facepile="true" lazy="true"> <blockquote cite="https://www.facebook.com/aarp.michigan" class="fb-xfbml-parse-ignore"><a href="https://www.facebook.com/aarp.michigan">Facebook</a></blockquote> </div> </div> <div class="ar-basic-box module-spacer"> <header> <h2>Contact AARP <br />in Jackson</h2> </header> <div class="wrap"> <div class="ar-quick-list module-spacer"> <ul class="list-unstyled"> <li><i class="list-icon fa fa-envelope" alt="Email icon" title="Email icon" aria-hidden="true"></i><a href="mailto:MIAARP@aarp.org" target="_blank" rel="noopener">MIAARP@aarp.org</a></li> <li><i class="list-icon fa fa-globe" alt="Globe icon" title="Globe icon" aria-hidden="true"></i><a href="https://states.aarp.org/region/michigan/" target="_blank" rel="noopener">AARP Michigan</a></li> <li><i class="list-icon fa fa-map-marker" alt="Map Marker icon" title="Map Marker icon" aria-hidden="true"></i><a href="https://states.aarp.org/welcome-to-aarp-michigan/?intcmp=SNG-LNK-AARPLOCAL-CONTACT-20140101-JACKSON-MI" target="_blank" rel="noopener">Contact Us</a></li> </ul> </div> <a href="https://www.facebook.com/aarp.michigan" target="_blank" rel="noopener" aria-label="Open Facebook"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/facebook-dreamstale25.png" alt="Facebook icon" title="Facebook icon"></a> <a href="https://twitter.com/AARPMichigan" target="_blank" rel="noopener" aria-label="Open Twitter"><img src="https://cdn-aarp.americantowns.com/img/responsive/icons/48/x-logo-black.png" alt="Twitter icon" title="Twitter icon"></a> <a href="https://www.instagram.com/aarpmichigan/" target="_blank" rel="noopener" aria-label="Open Instagram"><img src="https://cdn-aarp.americantowns.com/img/icon-ig.png" alt="Instagram icon" title="Instagram icon" style="height: 49px;"></a> </div> </div> </div></div> <div class="col-md-8 left-rail left-bot"></div> <div class="col-md-4 right-rail right-bot thin-rhs"></div> </div> <div class="row oneColumnLayout"> </div> <div class="row oneColumnLayout"> <div class="col-md-12"><!-- script to activate navbar --> <script type="text/javascript"> jQuery(".channelBarMain ul.left li a").click(function() { window.location = jQuery(this).attr('href'); 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