Healthcare Finance News September 30, 2022
Cost-sharing limit for insulin is $35 a month and recommended adult vaccines will be at no additional cost.
People with Medicare will see lower premiums for Medicare Advantage and Medicare Part D prescription drug plans in 2023.
The projected average premium for 2023 Medicare Advantage plans is $18 per month, a decline of nearly 8% from the 2022 average premium of $19.52.
As previously announced, the average basic monthly premium for standard Part D drug coverage is projected to be $31.50, compared to $32.08 in 2022.
Additionally, due to the Inflation Reduction Act, Medicare prescription drug coverage will include a $35 cost-sharing limit on a month’s supply of covered insulin, as well as adult vaccines that are...