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CMS Extending Push for Price Transparency to Medicare Part D

Extending its push for price transparency to Medicare Part D, the Centers for Medicare & Medicaid Services issued (PDF) the second part of its annual Advance Notice governing Medicare Advantage (MA) and Part D plans Wednesday, writes Fierce Healthcare. In the notice, CMS is proposing a requirement for plans to offer real-time pricing comparisons to members.  CMS last year finalized a plan that requires Part D plan sponsors make that available to providers beginning in 2021. If the new proposal is put in place, Part D plans would have to offer real-time drug pricing data to members in 2022. 

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