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    November 5, 2023
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adno 308615 Michael Noppe Licensed Insurance Agent Insurance Services LLC 1255 South Main, Greensburg 800-800-1999 ext. 65 mrnoppeinsurance.com Facebook.com/michaelnoppeIsf A: HEALTH INSURANCE Mr. Noppe you recently answered a question about the cost of prescription drugs and said there would be a $3200 cap next year on how much we spend. It is good to hear they are finally trying to do something. What else can we expect? Starting next year if you get into the "Donut Hole", once you reach the catastrophic stage you will no longer have to pay any out-of-pocket costs. (Previously you had to pay 5% of your drug costs.) Also, starting in 2025 the cap on what you will have to pay for your prescription drugs will be $2000 per year. (Not connected with or endorsed by the US government or the federal Medicare program.) We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. adno 308615 Michael Noppe Licensed Insurance Agent Insurance Services LLC 1255 South Main , Greensburg 800-800-1999 ext . 65 mrnoppeinsurance.com Facebook.com/michaelnoppeIsf A : HEALTH INSURANCE Mr. Noppe you recently answered a question about the cost of prescription drugs and said there would be a $ 3200 cap next year on how much we spend . It is good to hear they are finally trying to do something . What else can we expect ? Starting next year if you get into the " Donut Hole " , once you reach the catastrophic stage you will no longer have to pay any out - of - pocket costs . ( Previously you had to pay 5 % of your drug costs . ) Also , starting in 2025 the cap on what you will have to pay for your prescription drugs will be $ 2000 per year . ( Not connected with or endorsed by the US government or the federal Medicare program . ) We do not offer every plan available in your area . Any information we provide is limited to those plans we do offer in your area . Please contact Medicare.gov or 1-800 - MEDICARE to get information on all of your options .