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Wednesday, September 10, 2025Shields Up Provides Important Information on 2026 Medicare Part D: What Employers Need to Know
What is Medicare Part D? Medicare Part D helps individuals with Medicare pay for prescription drugs. Each year, the government updates the rules, and these updates can affect employers who provide prescription drug coverage to Medicare-eligible employees or retirees.What's Changing?Out-of-pocket cap rises to $2,100 (up from $2,000). Medicare now pays 10% of costs for certain high-priced drugs early in the year. Creditable coverage must cover at least 72% of expected drug costs (up from 60% in 2025). Plans
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