Inflation Reduction Act
Lower out-of-pocket medication costs
No copay for your covered drugs in the Catastrophic Coverage Phase
Medicare limits your out-of-pocket covered Part D medication costs each year. Once you reach the $2,400 limit, you enter the Catastrophic Coverage Phase. That means you'll pay nothing for your covered Part D medications for the rest of the calendar year.
Check your eligibility for the “Extra Help” or low-income subsidy (LIS) program
People with Medicare who earn less than 150% of the federal poverty level are now eligible for the low-income subsidy (LIS), or “Extra Help” program. Everyone who qualifies for Extra Help will pay $0 in premiums, $0 in deductibles, and a lower cost for generic and brand-name medications.
Pay less for eligible Part B medications
Drug companies that raise the prices of certain medications faster than the rate of inflation are now required to pay Medicare a rebate. Those savings lower your cost-share for some Part B medications. To learn more and find out if your medication is included, ask your pharmacist. These medications may change each quarter. This change doesn't apply to Part D drug coverage.
Medicare Prescription Payment Plan
Blue Cross and Blue Shield of North Carolina (Blue Cross NC) is working to make health care more affordable, easier to navigate, and accessible for all. That work includes ensuring Medicare enrollees have access to affordable prescriptions when they need them.
Medicare Part D enrollees will have the option to pay their out-of-pocket prescription drug costs in monthly payments, spread over the year, rather than all at once.
How to enroll
Blue Cross NC Medicare Advantage plan members can opt in to the Medicare Prescription Payment Plan if they prefer to pay in monthly installments.
There are three ways to enroll for 2026:
- Online: Log in to your member portal.
- By phone: Call the number on the back of your member ID card.
- By mail: Complete and mail the Medicare Prescription Payment Plan enrollment form (PDF) and return it to:
Blue Cross NC, Mailstop: 1001
MPPP Election Dept.
13900 N. Harvey Avenue
Edmond, OK 73013
There are three ways to enroll for 2027:
- Online: Complete an online enrollment form.
- By phone: Call the number on the back of your member ID card.
- By mail: Complete and mail the Medicare Prescription Payment Plan enrollment form (PDF) and return it to:
Blue Cross NC
Attn: M3P Election Processes
PO Box 650287
Dallas, TX 75265-0287
