Finalized policies will continue to ensure the strength and stability of Medicare Advantage and Medicare Part D programs
Today, the Centers for Medicare & Medicaid Services finalized the Calendar Year 2025 Rate Announcement for the Medicare Advantage and Medicare Part D Prescription Drug Programs that updates payment policies for these programs and ensures payment accuracy. The Rate Announcement complements policies in the CY 2025 MA and Part Dthat would strengthen protections for the millions of people who rely on MA and Medicare Part D prescription drug coverage, which will be finalized in the coming days.
“Thanks to the President's lower cost prescription drug law, the Inflation Reduction Act, millions of people with Medicare Part D will see even lower costs next year. Your out-of-pocket costs for prescription drugs will be limited to no more than $2,000, keeping more of your money in your pocket,” said HHS Secretary Xavier Becerra. “In addition to improving the Part D drug benefit, we are updating payments to Medicare managed care plans for people who rely on these plans.
The Rate Announcement finalizes annual updates to MA payment growth rates and changes to the MA and Part D payment methodologies to improve payment accuracy.
https://www.cms.gov/medicare/payment/medicare-advantage-rates-statistics/announcements-and-documents/2025
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Patients, Advocates Push Biden to 'Reclaim Medicare' From Privatized Medicare AdvantageJake Johnson is a senior editor and staff writer for Common Dreams.
Read more »
Attention, policymakers: Medicare Advantage enrollees love their coverage and their licensed agentsCMS should recognize and honor the high value that tens of millions of Medicare beneficiaries place on Medicare Advantage and on their licensed agents.
Read more »
Competition and Evolution in Medicare Advantage MarketingCompetition is increasing in the Medicare Advantage space, leading to a need for marketing teams to connect with beneficiaries. Medicare Advantage Organizations (MAOs) are shifting towards making genuine connections with people. However, CMS is cracking down on deceptive marketing practices.
Read more »
Busting the Myths of Medicare AdvantageBrandon Novick is a Program Outreach Assistant for the Domestic Team at the Center for Economic and Policy Research in Washington, D.C.
Read more »
When you want to leave your Medicare Advantage Plan — but feel stuckReturning to Original Medicare from a Medicare Advantage can be tricky after you first sign up; you may not be able to get a Medigap supplemental insurance plan.
Read more »
Medicare Advantage Myth-BustingNewswire Editor is a Common Dreams staff position.
Read more »