Prompt and affordable access to medications is vital to patients’ ability to maintain their quality-of-life and independence, and 90 percent of people with Parkinson’s obtain their insurance coverage through Medicare.
People who obtain coverage through non-Medicare commercial insurance plans have a single out-of-pocket maximum for all covered services, so they can predict their out-of-pocket spending. That’s not the case for Medicare Part D, which doesn’t have an out-of-pocket spending cap. This means people with Parkinson’s have no financial limit to what they may have to spend to obtain life-changing prescription drugs throughout the year. They can’t plan or prepare financially.
As the costs of pharmaceuticals continue to rise, the financial strain increases for beneficiaries with Parkinson’s who rely on prescription drugs to function.
Implementing an out-of-pocket spending cap for Medicare Part D will provide people with Parkinson’s and their families predictable annual financial obligations and the ability to maintain their quality-of-life and independence.
It’s important to let Congress know about the financial impact this disease has and urge them to support an out-of-pocket cap!
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