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What is the new Medicare rule for 2025 over 65? A guide to key changes.

According to the Centers for Medicare & Medicaid Services (CMS), the Inflation Reduction Act of 2022 drives several significant updates for the 2025 plan year, most notably a $2,000 cap on out-of-pocket prescription drug costs. This change is a major part of **what is the new Medicare rule for 2025 over 65?** and has a significant impact on budgeting for healthcare.