Greater than 63 million People are lined by Medicare.
This is the excellent news: By 2025, you will not be paying greater than $2,000 a yr on your medicine.
This is the dangerous information: For these enrolled in conventional Medicare (about 35 million individuals) with out supplemental protection, there are not any limits on hospital or physician payments. That would imply catastrophic medical payments from catastrophic out-of-pocket bills.
Medicare Benefit, operated by medical health insurance corporations, affords limits on out-of-pocket prices (at a better premium value). Advocates are pushing to set a cap on all providers below Medicare.