CMS releases final guidance for Medicare Prescription Payment Plan
![cms-aca-guidance](/sites/default/files/styles/900x400/public/2018-10/cms-aca-guidance.jpg?itok=TVPZSA6x)
The Centers for Medicare & Medicaid Services July 16 released its final guidance on the Medicare Prescription Payment Plan which will begin next year. The plan will provide individuals with Medicare Part D coverage the option to pay their out-of-pocket prescription drug costs in monthly installments rather than paying in full at the pharmacy counter. This final guidance complements CMS’ upcoming national education and program implementation efforts that will be coordinated with Part D plans, pharmacies, providers, drug manufacturers, and beneficiary advocates. CMS has also released a fact sheet providing an overview on the final guidance.
Related News Articles
Headline
The Centers for Medicare & Medicaid Aug. 15 announced it negotiated lower prices with drug makers for 10 high-cost, sole-source drugs, with the new prices…
Headline
The AHA, joined by five other national hospital associations, Aug. 14 filed an amicus brief urging the Supreme Court to correct the Department of Health and…
Headline
The AHA Aug. 13 commented to the Medicare Payment Advisory Commission in anticipation of the commission’s 2024-2025 cycle. The AHA urged MedPAC to carefully…
Headline
More than 46 million prior authorization requests were submitted to Medicare Advantage insurers in 2022, according to KFF analysis released Aug. 6 examining…
Headline
The AHA along with the Federation of American Hospitals, America’s Essential Hospitals and the Association of American Medical Colleges July 29 filed an amicus…
Headline
The Administration for Strategic Preparedness and Response July 16 announced it will work with the Department of Commerce on an assessment of the active…