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Thousands of Alabama Seniors Will Save On Prescriptions in 2025

Posted on 08/29/24 by Jamie Harding

Sezeryadigar/Getty Images

August 28, 2024

CONTACT: Jamie Harding, JHarding@aarp.org, 205-470-1265

NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors

Savings Possible Thanks to the Prescription Drug Law Championed by AARP

Montgomery, Ala. Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.

The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.

“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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: 

· 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 more than 61,000 here in Alabama.

· 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 Alabama, plus the District of Columbia.

· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.

“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 Williams.

To learn more about AARP’s work to lower prescription drug prices, visit How High Rx Prices Hurt.

# # # 

About AARP

AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org/about-aarp/, www.aarp.org/español or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.



 

 

 

 

This story is provided by AARP Alabama. Visit the AARP Alabama page for more news, events, and programs affecting retirement, health care, and more.

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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        <div class="Figure-credit">Sezeryadigar/Getty Images</div>
    
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
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				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        <div class="Figure-credit">Sezeryadigar/Getty Images</div>
    
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
		</div>
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        <div class="Figure-credit">Sezeryadigar/Getty Images</div>
    
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
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				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        <figcaption class="Figure-caption">Cost of Healthcare, Prescription pills on US dollars</figcaption>
    
    
        <div class="Figure-credit">Sezeryadigar/Getty Images</div>
    
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
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				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
						<div class="posted-on">
				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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			<header><h1 class="article-headline">Thousands of Alabama Seniors Will Save On Prescriptions in 2025</h1></header>	
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				Posted on 08/29/24 
				by <b>Jamie Harding</b>			</div>
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    <img src="https://aarp-states.brightspotcdn.com/6c/aa/6f72443a4fdabe3dac087a8a12a9/gettyimages-prescriptions.jpg" alt="Cost of Healthcare" width="800" height="533"/>
    
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        </div><p><b>August 28, 2024</b><br><br><b>CONTACT: Jamie Harding, </b><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="mailto:JHarding@aarp.org" target="_blank" rel="noopener noreferrer"><b>JHarding@aarp.org</b></a></span></span><b>, 205-470-1265</b><br><br></p><p class="cms-textAlign-center"><b>NEW AARP Report: Impact of Historic Medicare Rx Out-of-Pocket Spending Cap on Alabama Seniors</b></p><p class="cms-textAlign-center"></p><p class="cms-textAlign-center"><b><i>Savings Possible Thanks to the Prescription Drug Law Championed by AARP</i></b></p><p class="cms-textAlign-center"></p><p><b><i>Montgomery, Ala. </i></b>Today, AARP released a report that shows an estimated 61,000 Alabamians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.<br><br>The AARP report analyzes the number of enrollees who will benefit from the cap by state, age, gender, and race between 2025 and 2029. The findings indicate that Medicare drug plan enrollees nationwide who reach the new out-of-pocket cap will see average savings of roughly $1,500, or 56%, in 2025 for their prescription drugs.<br><br>“AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Alabama and across the country by lowering drug prices and out-of-pocket costs,” said Candi Williams, State Director of AARP Alabama, which serves more than 400,000 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 Alabama 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:&nbsp;<br><br>· 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 more than 61,000 here in Alabama.<br><br>· 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 Alabama, plus the District of Columbia.<br><br>· More than three-quarters of Medicare drug plan enrollees who will benefit in 2025 are between the ages of 65 and 84.<br><br>“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 Williams.<br><br>To 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><br></p><p class="cms-textAlign-center"># # #&nbsp;</p><p class="cms-textAlign-center"></p><p><b><u>About AARP</u></b><br><br><i>AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With a nationwide presence, AARP strengthens communities and advocates for what matters most to the more than 100 million Americans 50-plus and their families: health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/about-aarp/" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/about-aarp/</i></a></span></span><i>, </i><span class="Enhancement" ><span class="Enhancement-item"><a class="Link" href="http://www.aarp.org/espa%C3%B1ol" target="_blank" rel="noopener noreferrer"><i>www.aarp.org/español</i></a></span></span><i> or follow @AARP, @AARPenEspañol and @AARPadvocates on social media.</i><br><br><br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br>&nbsp;<br><br></p></div>
    
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		<p><i>This story is provided by AARP Alabama. Visit the <a href="https://states.aarp.org/region/alabama/" target="_blank">AARP Alabama</a> page for more news, events, and programs affecting retirement, health care, and more.</i></p>
	
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        --headerTextColor:#FFFFFF;
        --headerHeight:50px;
        --footerbackgroundColor:#000000;
        --footerTextColor:#918883;
        }'
$title_for_layout = '{local_city_c}, {local_state} Happenings - AARP'
$asset_version = '230831'
$min = true
$nowrapper = false
$css = '        :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;
        }'
$highlighting = ''
$location = '<a href="/montgomery-al/?intcmp=CSN-LOCAL-NAV-HOME">Montgomery, AL</a>'
$no_header = false
$header_title = '<a href="/montgomery-al/happenings/">News Feed</a>'
$header_subtitle = ''
$isPR = false
$navbar = '<nav class="section" role="button" aria-expanded="false" aria-controls="collapse">
<div class="containerx">
	<div class="section-toggle">Sections <i class="fas fa-chevron-down"></i></div>
	<ul class="secondary-menu containerx" id="secondary-menu" role="menu" aria-busy="true">
		<li role="presentation" class=""><a role="menuitem" class="menuitem" href="/montgomery-al/aarp-events/?intcmp=CSN-LOCAL-NAV-OLE" data-formelementid="LOCAL-LNK-CLK-EVENTS">Online & Local Events</a> </li>
		<li role="presentation" class=""><a role="menuitem" class="menuitem" href="/montgomery-al/things-to-do/?intcmp=CSN-LOCAL-NAV-TTD" data-formelementid="LOCAL-LNK-CLK-THINGSTODO">Things to Do</a></li>
		<li role="presentation" class="active"><a role="menuitem" class="menuitem" href="/montgomery-al/happenings/?intcmp=CSN-LOCAL-NAV-NF" data-formelementid="LOCAL-LNK-CLK-HAPPENINGS">News Feed</a> </li>
		<li role="presentation" class=""><a role="menuitem" class="menuitem" href="/montgomery-al/volunteering/?intcmp=CSN-LOCAL-NAV-VOL" data-formelementid="LOCAL-LNK-CLK-VOLUNTEERING">Volunteering</a> </li>
		<li role="presentation" class=""><a role="menuitem" class="menuitem" href="/montgomery-al/home-and-community/?intcmp=CSN-LOCAL-NAV-HC" data-formelementid="LOCAL-LNK-CLK-HC">Home & Community</a> </li>
		<li role="presentation" class=""><a role="menuitem" class="menuitem" href="/montgomery-al/movies/?intcmp=CSN-LOCAL-NAV-MFG" data-formelementid="LOCAL-LNK-CLK-MOVIESFORGROWNUPS">Movies for Grownups</a> </li>
		<li role="presentation" class="more nosep " id="submenu-more">
			<span role="menuitem" class="menuitem" data-formelementid="LOCAL-LNK-CLK-MORE">More<i class="fas fa-chevron-down"></i></span>
			<ul class="secondary-submenu animate slide-in" id="secondary-submenu">
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/discounts/?intcmp=CSN-LOCAL-NAV-LO" data-formelementid="LOCAL-LNK-CLK-OFFERS">Local Offers</a></li>
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/local-resources/?intcmp=CSN-LOCAL-NAV-LR" data-formelementid="LOCAL-LNK-CLK-LOCALRESOURCES">Local Resources</a> </li>
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/jobs/?intcmp=CSN-LOCAL-NAV-WJ" data-formelementid="LOCAL-LNK-CLK-WORK&JOBS">Work & Jobs</a></li>
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/events/?intcmp=CSN-LOCAL-NAV-CC" data-formelementid="LOCAL-LNK-CLK-EVENTS">Community Calendar</a></li>
				<!--
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/healthy-living/?intcmp=CSN-LOCAL-NAV-HEALTHY_LIVING" data-formelementid="LOCAL-LNK-CLK-HEALTHY_LIVING">Healthy Living</a></li>
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/arts-entertainment/?intcmp=CSN-LOCAL-NAV-ARTS_ENT" data-formelementid="LOCAL-LNK-CLK-ARTS_ENT">Arts & Entertainment</a></li>
				<li role="presentation"><a role="menuitem" class="menuitem " href="/montgomery-al/museums/?intcmp=CSN-LOCAL-NAV-MUSEUMS" data-formelementid="LOCAL-LNK-CLK-MUSEUMS">Museums</a></li>
				-->
			</ul>
		</li>
		
	</ul>
</div>
</nav>'
$header_custom = ''
$breadcrumbs = array(
	(int) 0 => array(
		'title' => 'News Feed',
		'slug' => 'happenings'
	)
)
$row = array(
	'title' => 'Back to News Feed',
	'slug' => 'happenings'
)
$i = (int) 0
include - APP/View/Layouts/aarp_2023.ctp, line 244
include - APP/View/Layouts/aarp_2023.ctp, line 244
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::renderLayout() - CORE/Cake/View/View.php, line 546
View::render() - CORE/Cake/View/View.php, line 481
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
AppController::renderPage() - APP/Controller/AppController.php, line 136
BlogsController::display() - APP/Controller/BlogsController.php, line 81
ReflectionMethod::invokeArgs() - [internal], line ??
Controller::invokeAction() - CORE/Cake/Controller/Controller.php, line 491
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 193
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 118