AcuPartD

Keeping you updated on the latest Medicare and Part D news

Update: Controversial Proposed Changes to Medicare Part D Withdrawn

Leave a comment

3/10/2014 update: (Reuters) – The Obama administration on Monday told members of Congress that it will not finalize controversial changes to the Medicare Part D prescription drug benefits program “at this time,” following weeks of growing opposition to the proposals from a broad coalition of interests.

U.S. Centers for Medicare and Medicaid Services(CMS) Administrator Marilyn Tavenner said in a letter to lawmakers that her agency will instead seek new input from stakeholders before advancing some or all of the changes “in future years.”

The controversial changes included new rules governing the establishment of preferred pharmacy networks that would have allowed more pharmacies to gain preferred status, and increased CMS authority to get involved in negotiations between pharmacies and Part D plans. Critics argued that increased regulation would lead to rising drug costs and premiums for beneficiaries.

Original Post 3/3/2014: Growing Opposition to CMS’ Proposed Changes to Part D

The 60-day comment period for CMS’ proposed changes to Part D is coming to a close on March 7th, and critics in government and the healthcare industry are speaking out against what they believe to be a harmful and unnecessary increase in government regulation.

The major components of the proposal, as discussed in a previous blog post and in this article, grant CMS greater oversight to regulate Part D plan offerings, plan pharmacy networks, and prescribers.

Article

CMS Proposal Factsheets

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s