Inflation Reduction Act 2024 How To Apply For Medicaid. On april 4, 2024, cms released its contract year 2025 medicare advantage and part d final rule. Beginning in 2024, medicare beneficiaries with annual incomes of up to 150 percent of the federal poverty limit ($20,385 for an individual in 2022) who also meet the program’s.

Require the federal government to negotiate prices for some drugs covered under medicare part b and part d with the highest total spending, beginning in 2026. The inflation reduction act keeps these savings and lower costs through 2025.