Beginning in July, some Medicare beneficiaries may qualify for a new pilot program that offers certain GLP-1 medications for a flat monthly copay. At the same time, employer-sponsored health plans are struggling with rapidly rising prescription drug costs that could affect future premiums and coverage.
In this episode, Bob Powell speaks with Jae Oh, CFP®, author of Maximize Your Medicare, about:
• Who may qualify for the new Medicare pilot
• Why your Part D formulary still matters
• Why employers may reduce GLP-1 coverage
• How Health Savings Accounts (HSAs) may help
• Why living longer could require larger retirement savings
If you’re on Medicare, nearing retirement or covered by an employer health plan, this conversation explains what to watch in the months ahead.