Biden-Harris Administration Finalizes Rule Expanding Access to …
Apr 4, 2024 · The Contract Year (CY) 2025 Medicare Advantage and Part D final rule builds on existing CMS policies to promote competition, increase access to care, including important behavioral health services, and protect individuals from inappropriate marketing and …
HHS Releases Final Guidance for Second Cycle of Historic …
Oct 2, 2024 · Final guidance builds on success of the first cycle of drug price negotiations and details how HHS will help ensure negotiated prices reach people with Medicare in 2026 and 2027.
Biden-Harris Administration Strengthens Medicare with Finalized ...
Oct 28, 2022 · The Biden-Harris Administration has made expanding access to health care a top priority, and, under their leadership, more Americans than ever before have health insurance coverage. Today’s final rule builds on this success and supports additional Administration efforts to strengthen Medicare.
Biden-Harris Administration is Strengthening Medicare; Protecting …
Jan 31, 2024 · Medicare Advantage is robust and stable, and plan offerings and enrollment are strong for beneficiaries in 2024, including premiums, supplemental benefits, and choice. The Medicare Advantage average monthly plan premium remains stable in 2024, with an increase of less than one dollar on average.
HHS Announces Cost Savings for 54 Prescription Drugs Thanks to …
Sep 30, 2024 · The U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), today announced that some Medicare enrollees will pay less for 54 drugs available through Medicare Part B.
CMS Issues Draft Guidance on New Program to Allow People with …
Aug 21, 2023 · President Biden’s prescription drug law, the Inflation Reduction Act, gives people with Medicare prescription drug coverage (Medicare Part D) the option to pay out-of-pocket costs in monthly payments spread out over the year, starting in 2025.
Biden-Harris Administration’s Inflation Reduction Act Saves …
Oct 22, 2024 · The Administration has lowered out-of-pocket costs on Medicare Part B drugs each quarter thanks to the law’s Inflation Rebate program, which penalizes drug companies for raising their prices faster than inflation, incentivizing them to keep their prices low.
HHS Announces Actions to Lower Health Care Costs and Allow …
Jun 30, 2023 · HHS released revised drug price negotiation guidance from the Centers for Medicare & Medicaid Services (CMS). The guidance is a critical step in implementing the IRA, which finally took on Big Pharma and will allow Medicare to negotiate lower drug prices on behalf of people with Medicare.
HHS Finalizes Rule to Strengthen Medicare, Improve Access to …
Apr 5, 2023 · Today, the U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), is finalizing a rule to put people with Medicare first and put strong protections in place so that Medicare Advantage (MA) works for them.
Negotiating for Lower Drug Prices Works, Saves Billions
Aug 15, 2024 · The new prices will go into effect for people with Medicare Part D prescription drug coverage beginning January 1, 2026. If the new prices had been in effect last year, Medicare would have saved an estimated $6 billion, or approximately …