The Inflation Reduction Act (IRA) takes important steps to reduce drug prices and lower costs for people with Medicare and the program, such as capping beneficiary out-of-pocket spending; requiring Medicare to negotiate drug prices; and expanding eligibility for the full Part D low-income subsidy (LIS). We support an implementation process that centers the beneficiary experience and look forward to building upon these landmark policies.
The Inflation Reduction Act’s (IRA) Rebate Program will require drug companies to pay a rebate if they raise certain Part B drug prices faster than inflation, reining in the industry practice of sky-high annual price adjustments. This deterrent will strengthen beneficiary and program finances.
Today, the White House released President Biden’s budget request for fiscal year (FY) 2024, which begins on October 1. Though
Medicare’s Low-Income Subsidy (LIS) program (also called “Extra Help”) can be a lifeline, helping low- and moderate-income beneficiaries pay for coverage they would not otherwise be able to afford. But aspects of the program are woefully outdated, making it difficult for low- and moderate-income beneficiaries to access the help they need.
Current Medicare policies expose low- and moderate-income beneficiaries to excessive out-of-pocket costs. For those who qualify, the Low-Income Subsidy(LIS) program (also called “Extra Help”) can be a lifeline, helping them pay for Medicare coverage they would not otherwise be able to afford. But accessing this program presents challenges of its own. The application process is complex and fragmented, and the eligibility requirements are woefully outdated. As a result, many who need this assistance aren’t able to get it.
In late December, Congress passed an omnibus spending bill (P.L. 117-328) that funds the federal government through the current fiscal
This year, several long-anticipated changes to Medicare enrollment periods and prescription drug costs take effect. Enrollment Period Changes General Enrollment
Next year, the Medicare enrollment process will finally receive long overdue updates, modernization, and simplification through the implementation of the
According to a new U.S. Department of Health and Human Services (HHS) analysis, in 2022, the list prices of over
—Statement from Fred Riccardi, Medicare Rights Center President— Washington DC—The Medicare Rights Center strongly supports the Inflation Reduction Act of
As recently outlined, the Inflation Reduction Act of 2022 incorporates many of Medicare Rights’ long-standing recommendations to meaningfully improve the
The Inflation Reduction Act’s (IRA) Rebate Program will require drug companies to pay a rebate if they raise certain Part B drug prices faster than inflation, reining in the industry practice of sky-high annual price adjustments. This deterrent will strengthen beneficiary and program finances.
Today, the White House released President Biden’s budget request for fiscal year (FY) 2024, which begins on October 1. Though
Medicare’s Low-Income Subsidy (LIS) program (also called “Extra Help”) can be a lifeline, helping low- and moderate-income beneficiaries pay for coverage they would not otherwise be able to afford. But aspects of the program are woefully outdated, making it difficult for low- and moderate-income beneficiaries to access the help they need.
Current Medicare policies expose low- and moderate-income beneficiaries to excessive out-of-pocket costs. For those who qualify, the Low-Income Subsidy(LIS) program (also called “Extra Help”) can be a lifeline, helping them pay for Medicare coverage they would not otherwise be able to afford. But accessing this program presents challenges of its own. The application process is complex and fragmented, and the eligibility requirements are woefully outdated. As a result, many who need this assistance aren’t able to get it.
In late December, Congress passed an omnibus spending bill (P.L. 117-328) that funds the federal government through the current fiscal
This year, several long-anticipated changes to Medicare enrollment periods and prescription drug costs take effect. Enrollment Period Changes General Enrollment
Next year, the Medicare enrollment process will finally receive long overdue updates, modernization, and simplification through the implementation of the
According to a new U.S. Department of Health and Human Services (HHS) analysis, in 2022, the list prices of over
—Statement from Fred Riccardi, Medicare Rights Center President— Washington DC—The Medicare Rights Center strongly supports the Inflation Reduction Act of
As recently outlined, the Inflation Reduction Act of 2022 incorporates many of Medicare Rights’ long-standing recommendations to meaningfully improve the
