How Will Medicare Part C and Part D Change in 2020?
Last Updated : 12/19/20192 min read
Did you know Medicare is making some changes for 2020? Goals of these Medicare changes include better serving beneficiaries and reducing the administrative burden on Medicare health and prescription drug plans. The Centers for Medicare & Medicaid Services (CMS) estimates the Medicare Advantage (Medicare Part C) and Medicare Prescription Drug coverage (Medicare Part D) changes will save Medicare around $295 million every year.
Most of the changes will be effective in 2020.
Medicare changes: how did Medicare Advantage change in 2020?
Here’s a quick summary of the Medicare changes for Part C in 2020. The Centers for Medicare & Medicaid Services (CMS):
- Gives Medicare Advantage plans more flexibility to help chronically ill patients. Plans will be able to offer more benefits that meet the needs of these beneficiaries. For example, plans may be able to deliver meals at home or provide transportation for non-medical needs to qualified members.
- Encourages Medicare Advantage plans to help members affected by the opioid crisis. Plans may be able to provide certain lower-cost benefits that may help members undergoing addiction treatment.
- Encourages Medicare prescription drug plans, including Medicare Advantage prescription drug plans, to provide opioid reversal agents at reduced cost.
- Streamlines the review process for marketing materials to beneficiaries
Please note that the information above doesn’t include all the Medicare changes CMS is making in 2020 and later.
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