The spending cap and the so-called "volatility cap" are going to be the focus of negotiations on adjusting the fiscal ...

Gov. Ned Lamont told business leaders he won't touch the spending cap, but left room for debate on other fiscal guardrails.

The cap will reduce out-of-pocket spending for potentially millions of older Americans in Medicare Part D, which covers ...

Starting Jan. 1, 2025, millions of Americans who get their prescription drugs through Medicare could get a major financial break when a $2,000 out-of-pocket spending cap on medications goes into ...

This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact. I've been on 50 cruises.

A new report out from AARP today provides additional insight into the impact of a historic new financial protection for our nation’s nearly 55 million Medicare drug plan enrollees. For the first time ...

It encourages short-termism." Maguire says the new spending cap rules which are due to start from 2025-26, after being ...

The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...

Medicare enrollees will not have to pay more than $2,000 in out-of-pocket drug expenditures — and that could lead to huge ...

The law's new $2,000 out-of-pocket spending cap for prescription drugs is expected to save most affected enrollees an average of $2,474, representing a 48% reduction in their overall spending, ...