(Credit: Burlingham via Shutterstock) Medicare enrollees, who have watched their out-of-pocket spending on prescription drugs climb in recent years, might be in for a break. Federal officials are exploring how beneficiaries could get a share of certain behind-the-scenes fees and discounts negotiated by insurers and pharmacy benefit managers, or PBMs, who together administer Medicare’s Part D drug program.
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Sarah Jane Tribble, Kaiser Health News, Salon: Politics
Sat, 11/18/2017 - 3:59am
Topics: credit burlingham shutterstock medicare s part d the centers medicaid services cms rep earl buddy carter r-ga while medicare dir pressure rep morgan griffith r-va senate chuck grassley r-iowa july cms administrator seema verma department human services capitol hill ellen new york city s queens trump april it s kaiser family foundation kaiser health news supporters the pharmaceutical care management association pcma in medicare part d mark merritt pcma enrollees cvs health express scripts jennifer luddy medicare payment advisory commission congress commissioner jack hoadley tara o neill hayes american action forum they there s correction november medicare federal pbms part d cms cms it s carter medicare part d october house a verma health miller pcma in medicare september cvs health hayes patients cut prescription fees program drug costs coverage out-of-pocket prices pharmacies discounts drugs beneficiaries change pays catastrophic doughnut hole rule agency share negotiations year pharmacy month officials spending rebates letter begins fact sheet plan negotiate reducing years price threshold chronic noted higher discussions causing nation week taxpayers policy buy top approach long manufacturers gap insurers released administration company spends premiums changed advocates seniors climb reach beneficiary
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