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The Inflation Reduction Act & Medicare Prescription Payment Plan

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What Does the Inflation Reduction Act Mean for You?

The Inflation Reduction Act (IRA) is a federal law passed by Congress in 2022 to help improve Medicare. The IRA requires all Medicare Advantage plans (not just CarePartners of Connecticut) to make changes to Medicare drug benefits across multiple years. Click the link below to learn more.

Learn More About the IRA
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Medicare Prescription Payment Plan

The Medicare Prescription Payment Plan is a new program that goes into effect on January 1, 2025. It is one of several changes to Medicare Part D benefits that are rolling out between 2023 and 2029, as part of the Inflation Reduction Act passed by Congress in 2022. Click the link below to learn more.

Learn More About the Medicare Prescription Payment Plan
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Drug Pricing Tool

Click the links below to view the drug pricing tool specific to your plan.

View the 2025 Drug Pricing Tool
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Medicare Prescription Payment Plan Account

Use this link to sign up for your Medicare Prescription Payment Plan Account. This sign up link should only be used by active CarePartners of Connecticut Plan members.

Create Account
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Frequently Asked Questions

Use the link below to view answers to the most frequently asked questions around the Inflation Reduction Act.

View FAQs