It’s now easier than ever to stay current with your immunizations, thanks to a new prescription drug law that went into effect on Jan. 1, 2023. Your Guide to Medicare’s New Vaccine and Insulin Benefits STAY PROTECTED AND SAVE BIG
The law allows individuals with Medicare improved access to affordable treatments and strengthens the program.
So, what does this new prescription drug law mean for you?
More vaccines are covered. People with Medicare Part D coverage now pay $0 out of pocket for even more vaccines. Your Part D plan won’t require a copayment or apply a deductible for vaccines the Advisory Committee on Immunization Practices recommends, such as:
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Shingles
RSV
Tetanus/diphtheria (Td)
• Tetanus, diphtheria, and pertussis (whooping cough) (Tdap) • Hepatitis A • Hepatitis B • Flu shots • COVID-19 vaccines • Pneumococcal shots Costs are lower for insulin. If you have Part D drug coverage, your plan can’t charge you more than $35 for a one-month supply of each covered insulin,
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and you don’t have to pay a deductible, either. If you purchase a three-month supply, you won’t be charged more than $105. The same is true if you use an insulin pump covered under Part B’s durable medical equipment benefit or get your covered insulin through a Medicare Advantage Plan. Your plan should cover the $35 (or less) cost of insulin.
So, this year, take advantage of this new change and get the vaccinations and treatments you need to stay healthy and protected! If you have any questions about this new prescription drug law, feel free to call us — we’re happy to help!
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