CMS Announces New Model to Lower Drug Prices in Medicare Part D and Transformative Updates to Existing Model for Medicare Advantage

The Centers for Medicare and Medicaid Services' (CMS) Center for Medicare and Medicaid Innovation announced a new payment model for Medicare Part D plans as well as updates to the Medicare Advantage Value-Based Insurance Design (VBID) model. These models aim to lower drug prices and to create new ways to meet the healthcare needs of specific populations, prevent disease, and expand the use of telehealth.
Source: News stories via the Rural Assistance Center - Category: Rural Health Source Type: news