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New Prices, New Cap: What the 2026 Drug Hikes Mean for Your Wallet

As of today, list prices on over 350 medications have increased. While the new $2,100 Medicare Part D cap offers significant protection, it doesn’t eliminate “January Shock” for everyone. We break down the “Three Lanes” of medication coverage to help you predict whether your costs will be front-loaded, spread out, or uncovered entirely in 2026.

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