16 July 2024 - The Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), continues to deliver on President Biden’s commitment to reduce the burden of high, upfront out-of-pocket prescription drug costs through the implementation of the President’s Inflation Reduction Act.
Today, CMS is releasing the final part two guidance regarding plan outreach and education for the Medicare Prescription Payment Plan, which aims to ensure that people with Medicare prescription drug coverage, especially those most likely to benefit, are aware of the payment option.