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 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 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.”
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 ...
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 …
News - HHS.gov
Dec 19, 2024 · HHS Announces Cost Savings for 64 Prescription Drugs Thanks to the Medicare Prescription Drug Inflation Rebate Program Established by the Biden-Harris Administration’s Lower Cost Prescription Drug Law. December 20, 2024 News Release
Biden-Harris Administration Announces New Initiative to Increase ...
Mar 19, 2024 · Today, the U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), announced a new voluntary model that empowers primary care providers in eligible Accountable Care Organizations (ACOs) to treat people with Medicare using innovative, team-based, person-centered proactive care.
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.
New Year, New Savings thanks to the Inflation Reduction Act
Dec 3, 2024 · Lower out-of-pocket costs on Medicare Part B drugs; Expansion of the Extra-Help program; The Inflation Reduction Act also allows Medicare to negotiate directly with drug companies to lower the prices of prescription drugs.
Treasury Releases Social Security and Medicare Trustees Reports
May 6, 2024 · “The Biden-Harris Administration has taken action to reinforce the program and propose enhancements that would extend its solvency while strengthening benefits. We are committed to protecting Medicare now and for future generations.” The Social Security Report is available here, and the Medicare Trustees Report is available here.