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Medicare's new $2,000 prescription drug cap goes into effect Jan. 1. Here's how it works.

By CBS News   |   4 days ago
Medicare's new $2,000 prescription drug cap goes into effect Jan. 1. Here's how it works.

Starting January 1, a $2,000 out-of-pocket spending cap on prescription drugs under Medicare will benefit millions of Americans. This new rule aims to reduce drug costs for seniors, with an average saving of $400 per person.

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