AARP: More than 66,000 Virginians will save an average of $1,500 apiece on prescription drugs in 2025

Beginning in 2025, an estimated 66,000 Virginians on Medicare prescription drug plans will save an average of [post_excerpt],500 per year on prescription drugs, according to an AARP report. AARP officials believe that the new out-of-pocket cap on prescription drug costs that begins Jan. 1 will save Virginians with Medicare drug plans an average of 56% next year. “AARP fought hard for the prescription drug law of 2022 because we knew it would provide crucial relief for Medicare enrollees here in Virginia and across the country by lowering drug prices and out-of-pocket costs,” said Jim Dau, state director of AARP Virginia....

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