CMS Scales Back Proposed Changes to Part D Protected Classes; Step Therapy Expected to Bring Savings to Beneficiaries and Taxpayers

This evening, the Centers for Medicare and Medicaid Services (CMS) released a final rule entitled “Modernizing Part D and Medicare Advantage to Lower Drug Prices and Reduce Out-of-Pocket Expenses.” In total, the agency estimates that beneficiaries will save $62 million over 10 years in out-of-pocket spending, and Medicare program costs will be reduced by an [...] Read More