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Understand Your Medical Bills
Introduction to Medical BillsInteractive Content

10 minutes with audio

Get to know the explanation of benefits document you may receive after you get medical care, and what you can do with it.

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Reduce Your Cost Before Care
Steps to Take GuideWays to Avoid Higher Medical Bills Before Care

2 pages

Learn steps you can take before receiving care to avoid higher-than-necessary medical costs.

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Conversation GuideWays to Lower Your Prescription Drug Costs

1 page

Get questions to ask your health care team and pharmacist to lower your prescription drug costs.

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Handle Your Medical Bills
Steps to Take GuideReviewing and Managing Medical Bills

2 pages

See what to look out for when reviewing medical bills, and whom to reach out to for support in managing your medical bills.

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Steps to Take GuideNegotiating and Paying Medical Bills

1 page

Walk through when to contact your health care provider, see what you can negotiate, and get tips on paying your medical bills.

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Get Financial Help
Be informed guidePlaces to Get Help with Medical Costs

2 pages

Find examples of financial assistance options to assist with medical bills and learn how you can find resources to help.
 

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Be informed guideAdditional Topics

1 page

Explore other topics to consider for your finances now, and in the future; including, Life Insurance, Managing Debt, Creditors, and Collections.

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Disclaimer: The information on this site is intended for U.S. residents only and is provided purely for educational purposes. Health, legal, regulatory, insurance, or financial related-information provided here is not comprehensive and is not intended to provide individual guidance or replace discussions with a healthcare provider, attorney, or other experts. All decisions must be made with your advisers considering your unique situation. © Triage Cancer & Pfizer Inc. 2024 

Copyright © 2024 Pfizer Inc.
All rights reserved.
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Copyright © 2024 Triage Cancer.
All rights reserved.
remove.svgremove.svg-mobileThe Inflation Reduction Act is a law that aims to lower prescription drug costs.

This law has already impacted Medicare in multiple ways, and more changes are coming in the next few years:

Changes in 2023
  • $35 copay cap on covered insulins (this applies whether the insulin is covered through Medicare Part B, C, or D)
  • $0 patient copay on covered vaccines
Changes in 2024
  • Elimination of 5% patient coinsurance after reaching the catastrophic coverage threshold. This effectively caps out-of-pocket costs at approximately $3,300 (for Part D enrollees who take only brand name drugs)​
  • Expansion of the Low-Income Subsidy program (LIS) under Medicare Part D, which could help reduce out-of-pocket costs for an estimated 400,000 individuals
Changes in 2025
  • $2,000 yearly cap on out-of-pocket prescription drug costs​
  • Medicare Prescription Payment Plan. This allows Medicare Part D out-of-pocket prescription costs to be paid in monthly payments over the course of the year, instead of all at once
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