Medicare help for seniors with diabetes
Congress approved a $35 cap on what seniors will pay for insulin as part of the Inflation Reduction Act. But the change came too late to add to the Medicare plan finder, the online tool that helps beneficiaries sort through dozens of drug and medical plans for the best bargain.
To fix anticipated enrollment mistakes, Medicare officials will give beneficiaries who use insulin a chance to switch plans next year. They can make one change after December 8th and throughout 2023 through a special enrollment period for “exceptional circumstances.” Typically, people are locked in for an entire year.
The Centers for Medicare & Medicaid Services provided initial details of the opportunity in a document distributed to the State Health Insurance Assistance Program, or SHIP, which assists Medicare enrollees in every state. Beneficiaries can get more information by contacting their local SHIP office.
Frank Samuelson