Key Takeaways
NCOA issued a response on the draft legislation and questions from the House Ways and Means and Energy and Commerce Committees on Medicare Part D reforms.
NCOA supports the establishment of an out-of-pocket (OOP) cap for Medicare beneficiaries in Part D.
When considering the appropriate liability for each payer, NCOA encourages Congress to ensure that both prescription drug plans and drug manufacturers have some liability and skin in the game for each phase of the Part D benefit so that equitable, balanced incentives are structured to control costs.
On June 6, 2019, The National Council on Aging (NCOA) commented on the draft legislation and questions from the House Ways and Means and Energy and Commerce Committees regarding Medicare Part D reforms.
Our recommendations focus primarily on making prescription drugs more affordable for Medicare beneficiaries who struggle the most with these costs and protecting access to needed prescription drugs.
Primary issues covered are:
- Part D Out-of-Pocket Cap and Proposed Draft Legislation
- Extra Help Low Income Subsidy (LIS)
- Appeals and Exceptions
- Pricing stability
Read more about each of these issues in the PDF download of NCOA's comment letter below.
