PART D PRESCRIPTION DRUG PLANS

How Medicare Part D can help lower your prescription drug costs

Compare prescription drug plans with our agent in Abilene, TX

Medicare Part D helps make prescription medications more affordable by offering coverage through private insurance providers. With a variety of plans to fit different needs and budgets, you can find the right option for your healthcare needs. Maichel Retirement Solutions in Abilene, TX is here to help you navigate your choices. Contact us today to speak with an insurance professional and find the best prescription drug plan for you.

A plastic container filled with different colored pills on a table.

Updates for 2025

Big changes are coming to Medicare Part D in 2025, making prescription drugs more affordable. Here’s what to expect:


  • New $2,000 Out-of-Pocket Cap – Once you reach this limit, you won’t pay anything for covered prescriptions.
  • Updated Deductible – You’ll pay 100% of costs until your deductible is met.
  • Simplified Coverage Phases – After the deductible, you’ll pay 25% coinsurance until reaching the $2,000 cap. After that, no more out-of-pocket costs for the year.
  • "Donut Hole" Coverage Gap Eliminated – No more gaps in coverage.



If you have a lower income, the Extra Help program may reduce your costs even further. Contact Maichel Retirement Solutions today to learn how these Medicare Part D changes may benefit you.