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.
Biden-Harris Administration Finalizes Rule Expanding Access
Apr 4, 2024 · Additionally, the rule finalizes new guardrails for certain types of supplemental benefits, available only to chronically ill enrollees, to ensure that these supplemental benefits offered by a Medicare Advantage plan meet the health needs of people with Medicare by being supported by evidence.
Biden-Harris Administration Announces Medicare Advantage and …
Nov 26, 2024 · CMS is proposing actions in Medicare Advantage & Part D prescription drug programs to strengthen protections and access to care for people with Medicare.
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.
Biden-Harris Administration Takes Next Step on Proposed Model …
Oct 9, 2024 · “The Medicare $2 Drug List Model will aim to help improve access to and affordability of low-cost generic drugs for people with Medicare prescription drug coverage, and we encourage the public to provide feedback on the model.”
Inflation Reduction Act of 2022 | HHS.gov
Dec 12, 2024 · President Biden’s prescription drug law, the Inflation Reduction Act, was signed into law on August 16, 2022. This new law provides meaningful financial relief for millions of people with Medicare by expanding benefits, lowering drug costs, and strengthening Medicare for the future. Open Enrollment is Happening Now ACA Marketplace Open Enrollment
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 …
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 Releases Final Guidance for Second Cycle of Historic …
Oct 2, 2024 · As part of the continued implementation of the Biden-Harris Administration’s historic prescription drug law, the Inflation Reduction Act, the U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), released final guidance today outlining the process for the second cycle of negotiations ...
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.
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