Managed Healthcare Executive July 18, 2024
Part two focuses on the requirement that Part D sponsors must make enrollees aware of upcoming benefits.
The U.S. Department of Health and Human Services released the final part two guidance for the Medicare Prescription Drug Payment Plan on July 16, according to a news release on their website.
Starting in January 2025, Medicare beneficiaries will be able to spread their prescription drug costs across the calendar year rather than pay the full cost every time they go to the pharmacy.
Part one guidance was released in February of this year and focused on operational requirements for the program.
Part two of this plan was released to ensure that people with Medicare Part D drug coverage are aware of the...