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prices for seniors could cost more than $7 billion next year and $21 billion through 2027, according to a new
Most of these changes are slated to take effect next year, and the CBO identified these policies as the reason Medicare Part D supplemental insurers needed to increase their prices by a national average of 179% in 2025 to provide the same level of coverage as they do now. The agency also announced that the increase in monthly Part D premiums from 2024 to 2025 would be capped at $35, and insurers would also receive subsidies for carrying higher loads of risk. Together, these measures will cost an additional $2.1 billion.
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