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The Fair Square Bulletin: August 2023

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By Daniel Petkevich
Aug 28, 2023

Sizzling Summer Issue

‎Good morning. Welcome to the Fair Square Bulletin, the newsletter that delivers helpful aging tips right to your inbox.

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Join the Fair Square Medicare Newsletter to stay informed on cost savings, changes to Medicare, and other valuable healthcare information.
In today's email:
  • 2024 "Donut Hole" Updates
  • Part D Premium Increase
  • Keep Your Cool in Hot Weather

2024 "Donut Hole" Updates

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2024 Part D
‎Medicare Part D is a crucial component of Medicare, designed to help individuals cover their prescription drug expenses. In accordance with the Inflation Reduction Act of 2022, some exciting changes are coming to your Part D benefits in 2024.

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Part D Premium Increase

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Rx Bottle & Money
CMS has published a new fact sheet advising that the Part D base beneficiary premium will increase in 2024. This number is used to calculate

Late Enrollment Penalty for Part D

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The average basic Part D premium is projected to increase from $32.09 in 2023 to $34.50 in 2024, a 7.5% increase.

CMS Fact Sheet

Keep Your Cool in Hot Weather

via

cdc.gov

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Hazy City
Learn about heat-related illness and how to stay cool and safe in hot weather:
High temperatures kill hundreds of people every year. Heat-related deaths and illness are preventable, yet more than 700 people die from extreme heat every year in the United States.
Take measures to stay cool, stay hydrated, and stay informed. Getting too hot can make you sick. You can become ill from the heat if your body can’t compensate for it and properly cool you off. The main things affecting your body’s ability to cool itself during extremely hot weather are...

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