Employers offering prescription drug coverage must provide an annual notice to Medicare-eligible participants indicating whether their coverage is creditable, meaning it is expected to pay at least as ...

Medicare open enrollment is almost here, and your Annual Notice of Change (ANOC) letter should be arriving soon. If you have a Medicare Part D or Medicare Advantage Plan, this document is crucial. The ...

Medicare's open enrollment period kicks off later this month. During that time, you can switch to a new Medicare plan that better serves your needs. To make a smart decision, you first need to see how ...

Medicare Part D drug plans use formularies to group medications into different tiers. The lower the tier, the lower the ...

CMS is expected to issue the 2026 final rate notice for Medicare Advantage (MA) and Part D plans by April 7, 2025. The January 2025 advance notice proposed policies that would increase payments to MA ...

You can sign up for a Medicare Part D drug plan when initially eligible for Original Medicare. There’s a 3-month period starting when your Medicare parts A and B become active. During this time, you ...

The model is designed to provide individuals more certainty about the out-of-pocket costs for these generic Part D drugs for common conditions, such as high cholesterol and high blood pressure, CMS ...

Anthem will discontinue its standalone Medicare Part D prescription drug plan in 2026, requiring many Medicare Advantage ...

"Bottom line: average premiums, benefits and plan choices for Medicare Advantage and the Medicare Part D prescription drug program will remain stable in 2025 just as they were in 2024," Meena ...