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Medicare Part D
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Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled. Medicare covers a long list of medications, but six drug classes have a "protected status" including anti-depressants, oncology drug and anti-seizure drugs. Medicare drug plans are required to pay for all "protected" medicines.
Medicare covers a long list of medications, but six drug classes have a "protected status," including antidepressants, cancer drugs, and anti-seizure drugs. Medicare drug plans are required to pay for all "protected" medicines. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Medicare covers a long list of medications, but six drug classes have a "protected status," including antidepressants, cancer drugs, and anti-seizure drugs. Medicare drug plans are required to pay for all "protected" medicines. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Medicare covers a long list of medications, but six drug classes have a "protected status," including antidepressants, cancer drugs, and anti-seizure drugs. Medicare drug plans are required to pay for all "protected" medicines. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
The Medicare Part D drug benefits program is working well to generate lower costs for patients while providing broader access to needed drug treatments. Part D coverage enjoys over 90% satisfaction among enrollees, and its costs are 43% below initial estimates of the program.
Recent policy proposals by CMS had proposed to end the protected status for anti-depressants and immunosuppressant drugs or transplant drugs beginning in 2015, and anti-psychotic drugs potentially in 2016. Also, CMS planned to implement a formal interpretation of the so-called “non-interference provision” of the Social Security Act, which is intended to promote competition and generally prohibits the government from interfering with negotiations between drug manufacturers, pharmacies and Part D plan sponsors. Lastly, CMS scrapped a plan to address "preferred pharmacy networks' and limit the number of plans stand-alone prescription drug plan sponsors may offer in a region.
The Obama administration and CMS announced recently that it would scrap much of its proposed plan to limit the "protected" medicines that seniors can get through Medicare after a extremen and widespread backlash from lawmakers and the health industry. CMS Director Tavenner, indicated that the agency would "engage in further stakeholder input before advancing some or all of the changes in future years." She added that the agency planned to proceed with other proposals related to consumer protections and antifraud provisions that have bipartisan support.
MichBio opposes changing the protected classes of drugs offered by the Part D program, and moreover, any imposition of price controls by repealing the non-interference provision of the Medicare Modernization Act (MMA). Doing either or both would have a significant negative impact on patients, their access to necessary drug therapies, and would harm biomedical innovation for emerging bioscience companies.

Also scrapped from the initial-700 page proposal was a plan to address "preferred pharmacy networks" and a limited two drug-plan options for seniors. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf
Part D, also known as the Medicare prescription drug benefit, was enacted as part of the Medicare Modernization Act of 2003 and provides extensive drug coverage for seniors and the disabled, allowing them to get prescriptions as quickly as possible. - See more at: http://www.policymed.com/medicare-part-d/#sthash.CkScAx1X.dpuf

Related Resources

CMS Final Rule re: Part D for CY2015 (pdf)
MI Group Letter to Rep Mike Rogers (pdf)
Feb 2014 Comment Letter on Medicare Part D (pdf)
Politico Medicare Part D Ad (pdf)
Milliman Part D Survey Analysis (pdf)
CMS Director Letter to E&C (pdf)
Rep. Upton Comments on Part D Changes
CMS CY2015 Proposed Rule Changes - Federal Register (pdf)
CMS Proposes Program Changes for Medicare Part D (pdf)
CMS to Combat Medicare Part D Fraud (pdf)
Sign On Letter to Congress re Noninterference on Medicare Part D Drug Pricing (pdf)
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