CMS, the Centers for Medicare and Medicaid Services, recently finalized its policy updates for Medicare health and Part D drug plans.
CMS states: “As the Medicare Advantage marketplace continues to grow, consumers are getting access to better care through more choice and competition. Seniors and people with disabilities, including the dual-eligible population, will continue to have an extensive choice of plans, affordable premiums, and better and more transparent information about provider networks and pharmacies.”
After the Aetna fiasco this year, CMS is taking a closer look at preferred networks and access to pharmacies. This should be good for independents. The final changes should drive important improvements to the accuracy and transparency of provider networks, and continue to promote improvements in quality of care for beneficiaries.
What does this mean for pharmacy?