ICD10monitor April 10, 2024
In a significant overhaul of Medicare Part D, set to take effect in 2025, beneficiaries are poised to experience a transformative change in how prescription drug benefits are structured and financed.
The Centers for Medicare & Medicaid Services (CMS) recently unveiled the Final Calendar Year (CY) 2025 Part D Redesign Program Instructions, a comprehensive guide that outlines the forthcoming changes under the Inflation Reduction Act of 2022. This announcement is in tandem with the CY 2025 Medicare Advantage and Part D payment policies, indicating a pivotal shift in the landscape of Medicare prescription coverage.
The Inflation Reduction Act of 2022 (IRA), a landmark legislation, has initiated a series of amendments to the Social Security Act that will fundamentally alter the...
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