About the Medicare Prescription Payment Plan - Alliance for Patient Access

About the Medicare Prescription Payment Plan

The Issue

Medicare patients in the Part D prescription drug program often face significant out-of-pocket costs early in the year while trying to meet their deductible. A new program, the Medicare Prescription Payment Plan, may help make prescription drug costs more manageable for patients.

During the open enrollment period, starting October 15, 2024, patient can enroll in the program to cap their out-of-pocket costs at $2,000 a year and spread their prescription costs evenly across monthly payments.

Learn more about the Medicare Prescription Payment Plan to decide if enrolling is the right decision.

Resources

New Medicare Prescription Payment Plan: A Patient’s Guide

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Blogs

Find recent blogs here.

State Updates

Below is a list of current legislation that supports patients with serious mental illness.

Arizona

SB 1083 HB 2449

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Colorado

SB 24-110

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Florida

SB 268 HB 491

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Georgia

HB 1179

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Illinois

SB 1636 HB 2456

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Maryland

SB 990 HB 1423

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Massachusetts

H 989 S 631

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New Jersey

S 1192

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North Carolina

HB 680

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Wisconsin

SB 618 AB 654

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