PAN patient advocate featured in NBC News story about new Medicare Part D cap
On January 1, 2025, a new $2,000 annual out-of-pocket cap for Medicare Part D drugs went into effect as a result of the Inflation Reduction Act. For many, especially those who rely on medications with high out-of-pocket costs, this new reform is especially welcomed news.
A recent story from NBC News highlights how this new Medicare Part D cap will impact patients, especially those living with cancer. The article profiles George Valentine, a PAN grant recipient, member of PAN’s Patient and Family Advisory Council, and patient advocate. George shares how the high out-of-pocket costs for his cancer medications have impacted him, and how the new cap will give him some peace of mind.