CMS issues final regulations for Medicare Advantage and prescription drug benefit (Part D) programs
Drugstorenews.com: May 20, 2014 | By Michael Johnsen
BALTIMORE — The Centers for Medicare and Medicaid Services on Monday issued final regulations for the Medicare Advantage and prescription drug benefit (Part D) programs. The final rule is projected to save an estimated $1.6 billion over the next 10 years, the agency reported.
“The policies finalized in this regulation will strengthen Medicare by providing better protections and improving health care quality for beneficiaries participating in Medicare health and drug plans,” stated Marilyn Tavenner, CMS administrator. “The final rule will give CMS new and enhanced tools in combating fraud and abuse in the Medicare Part D program so that we can continue to protect beneficiaries and taxpayers.”
Read full article here: http://drugstorenews.com/article/cms-issues-final-regulations-medicare-advantage-and-prescription-drug-benefit-part-d-program