nwrnbulletins posted: " CMS has released Advanced Notice of revised Medicare Part D drug coverage Payment Policies, and will accept comments on the revisions until March 1, 2024. Find details at https://www.cms.gov/newsroom/fact-sheets/2025-medicare-advantage-and-part-d-advance" esrdbulletins Read on blog or Reader 3/1 CY2025 Part D Revisions nwrnbulletins January 31 CMS has released Advanced Notice of revised Medicare Part D drug coverage Payment Policies, and will accept comments on the revisions until March 1, 2024. Find details at https://www.cms.gov/newsroom/fact-sheets/2025-medicare-advantage-and-part-d-advance-notice-fact-sheet (sections 17ff) and https://www.cms.gov/files/document/draft-cy-2025-part-d-redesign-program-instruction.pdf.  A Fact Sheet on the draft Redesign Program Instructions (https://www.cms.gov/files/document/draft-cy2025-part-d-redesign-program-instruction-fact-sheet.pdf) summarizes the changes as: A newly defined standard Part D benefit design consisting of three phases: annual deductible, initial coverage, and catastrophic coverage; The lower annual out-of-pocket threshold of $2,000; The sunset of the Coverage Gap Discount Program and establishment of the Manufacturer Discount Program; and Changes to the liability of enrollees, sponsors, manufacturers, and CMS in the new standard Part D benefit design. The changes respond to the provisions of the Inflation Reduction Act of 2022. The CY2025 Advanced Notice also applied to Medicare Advantage Plans. Comment You can also reply to this email to leave a comment.

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