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CMS Unveils New Part D Payment Model, 'Transformative Updates' to Existing MA Model
HealthLeaders: The Centers for Medicare & Medicaid Services on Friday unveiled a new payment model for Medicare Part D, and "transformative updates" to the Medicare Advantage Value-based Insurance Design.
"The American healthcare system is very different today than it was 13 years ago when the Medicare Advantage and Part D programs were launched in their current forms," CMS Administrator Seema Verma said during a media availability Friday. "But due to the slow pace of change in government, these programs have not been fully updated to reflect today's realities."
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