Medicare Part D annual out-of-pocket cost capped at $3,300 in 2024

I was talking to a friend from college who’s wife has had an expensive blood cancer for about the past 20 years. She’s having a procedure where they put you in a hermetically-sealed room for 6 weeks and reconstruct your immune system. It’s actually the most expensive diagnosis code on the Medicare menu – $500k to $1 MM reimbursement. The actual hospital bill will be in the millions.