What is in the Administration’s 5-Part Plan for Medicare Part D?

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What is in the Administration’s 5-Part Plan for Medicare Part D?  A new brief from the Kaiser Family Foundation summarizes the elements of the Trump Administration’s “5-part plan” that would change several features of the Medicare Part D drug benefit. It also examines the potential implications for the millions of people with Part D coverage and for federal Medicare program spending. The 5-part plan includes proposals to: Share rebates with Part D enrollees Change the calculation of an enrollee’s “true out-of-pocket spending” (TrOOP) Add an out-of-pocket limit to Part D and change reinsurance Relax Part D formulary standards Eliminate cost sharing for generic drugs for low-income enrollees The Part D proposals are among a wider set of proposals by the Trump administration to address rising concern over increases in prescription drug costs. Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in San Francisco, California.
Contact: Chris Lee | (202) 347-5270 | clee@kff.org
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