Healthcare Finance News July 17, 2024
Jeff Lagasse

People with Medicare must opt into the Medicare Prescription Payment Plan to utilize the new benefit, CMS said.

The Centers for Medicare and Medicaid Services this week released the final part two guidance regarding plan outreach and education for the Medicare Prescription Payment Plan, which aims to ensure that people with Medicare prescription drug coverage, especially those most likely to benefit, are aware of the payment option.

Starting in 2025, the Medicare Prescription Payment Plan provides the option to people with Medicare prescription drug coverage to spread the costs of their prescription drugs over the calendar year rather than paying in full at the pharmacy counter each time they fill a prescription. People with Medicare must opt into the Medicare...

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Topics: CMS, Govt Agencies, Insurance, Medicare, Patient / Consumer, Pharma, Pharma / Biotech, Provider
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