The Centers for Medicare & Medicaid Services today released premium and cost information for Medicare Advantage and Part D prescription drug plans for the 2017 calendar year. The average Medicare Advantage premium will decrease by $1.19 to $31.40, while the average monthly premium for a basic Medicare Part D prescription drug plan will increase by $1.44 to $34, the agency estimates. The average number of MA plan choices per county is roughly unchanged from 2016, CMS said. It projects Medicare Advantage enrollment will climb for the seventh consecutive year in 2017 to 18.5 million, or 32% of Medicare beneficiaries. Open enrollment for 2017 Medicare health and drug plans begins Oct. 15.
Special Bulletin on CMS’s Nov. 26 proposed rule aimed at lowering drug prices for beneficiaries enrolled in Medicare Advantage and Part D programs.
On Sept. 20, the Centers for Medicare…
The Centers for Medicare…
Special Bulletin: CMS Releases Advanced Notice of Proposed Rulemaking on Medicare Part B Prescription Drug Payment Model
On October 25, the Centers for Medicare…