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.

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 ...

began when they hit $7,400 in out-of-pocket spending. The federal government paid 80% of the cost, while insurers paid 15%. An interim ceiling of roughly $3,500 was in place for 2024. “The cap ...

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 ...

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 ...

Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.

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