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Medicare Part D Grows Up - Drug Plans Pack More Punch
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In this episode of The Support Network, we complete our three-part series on the main components of Medicare health insurance by diving deep into Medicare Part D - prescription drug coverage.
Key Topics Covered:
- Overview of Medicare Part D and its importance to your aging loved one
- How Part D plans work, including premiums, deductibles, and cost-sharing
- Explanation of formularies, tiers, and rebates
- Recent and upcoming changes to Part D.
Important Resources Mentioned:
- Medicare.gov for detailed explanations of Part D benefits
- Medicare Part D Drug Spending Dashboard: https://data.cms.gov/tools/medicare-part-d-drug-spending-dashboard
References:
Baig, K, & Dusetzina, S. B. (2022). https://doi.org/10.1001/jama.2022.17232
Dusetzina, S. (2022). https://doi.org/10.1056/NEJMp2202726
Feldman, W. B., et al. (2021). https://doi.org/10.1001/jamahealthforum.2021.0626
KFF.org. (2023). https://www.kff.org/medicare/fact-sheet/an-overview-of-the-medicare-part-d-prescription-drug-benefit/
Nekui, F., et al. (2021). https://doi.org/10.1097/MLR.0000000000001458
Sayed, B. A., et al. (2023). https://aspe.hhs.gov/reports/medicare-part-d-enrollee-out-pocket-spending
Unuigbe, A. (2020). https://doi.org/10.1177/1077558718806437
Centers for Medicare and Medicaid Services:
https://www.cms.gov/files/document/fact-sheet-medicare-prescription-payment-plan-final-part-one-guidance.pdf
https://www.cms.gov/files/document/ira-vaccines-article.pdf
https://www.cms.gov/inflation-reduction-act-and-medicare/medicare-drug-price-negotiation
https://www.cms.gov/newsroom/fact-sheets/2024-medicare-advantage-and-part-d-star-ratings
https://www.medicare.gov/basics/costs/help/drug-costs
https://www.medicare.gov/drug-coverage-part-d
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