Medicare Part D Beneficiaries Will See 50 Percent Savings On Applicable Drugs In The

[tD33NAt]

The Centers for Medicare & Medicaid Services (CMS) today issued new guidance to Part D plan sponsors to guarantee that Medicare beneficiaries enrolled in Part D prescription drug plans will see 50 percent savings on their brand name and some authorized generic drugs when they enter the coverage gap, or donut hole, during 2011. In a notice in the Federal Register, CMS also issued the draft model agreement that drug manufacturers of applicable Part D drugs will sign in order to participate in the discount program...

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