POL 536 Chapter Notes - Chapter 8: Medicare Part D, Medicare Advantage, Prescription Drug

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Ppos) that cover all medicare benefits including drugs: beneficiaries with low incomes & modest assets can get assistance with part d plan premiums & cost sharing. In 2018, 782 pdps will be offered across 34 pdp regions nationwide: beneficiaries in each state will continue to have a choice of multiple stand-alone pdps in 2018. Low-income subsidy plan availability in 2018: through the part d low-income subsidy (lis) program, additional premium & cost-sharing assistance is available for part d enrollees with low incomes (<150% fpl) & modest assets. Subsidy through either the social security administration or medicaid. Part d spending & financing in 2018: the cbo estimates that spending on part d benefits will be billion in 2018, 15. 5% of net. Federal law prohibits the secretary of health & human services from interfering in drug price negotiations between part d plan sponsors & drug manufacturers.

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