Insulin, Medicare Part D & B

Hello, my name is Matthew Carter, owner of A. C. & A in Lagrange Ky. which also serves the Louisville community.  Today’s topic is insulin and the decreased Part D prescription drug cost for Medicare recipients in 2023.  Insulin will also decrease in cost under the Medicare Part B model.  On January 1^st, 2023, the Insulin Affordability and Inflation Reduction Act reduced the cost of insulin under Medicare Part D to a $35.00 monthly pharmacy copay.  Effective April 1^st 2023, Medicare Part B recipients will experience lower coinsurance costs for insulin administered through a pump.  Those who are administered insulin through a pump will have no deductible to meet and will pay a $35.00 copay as of July 1^st, 2023. For more information Google Medicare supplement Lagrange, Ky.  A. C. & A. Medicare done the first time.