Healthcare Finance News March 1, 2024
Part D plan sponsors are expected to create a seamless experience for people who opt into the out-of-pocket payment program.
The Centers for Medicare and Medicaid Services has released the final part one guidance for the new Medicare Prescription Payment Plan.
The guidance for Medicare Part D plan sponsors is to ensure they successfully implement the Medicare Prescription Payment Plan and effectively build the necessary infrastructure, CMS said.
The Medicare Prescription Payment Plan, which begins in 2025, will give people with Medicare Part D prescription drug coverage the option to pay out-of-pocket costs in monthly payments spread out over the year, rather than requiring full payment at the pharmacy counter.
WHY THIS MATTERS
Today’s final part one guidance...
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