MedPAC: Medicare Part D plans include 95% of pharmacies

04/9/2014 | Drug Channels

Most Medicare prescription drug plans cover prescriptions obtained at 95% of the pharmacies in the plans' regions, and about a third of those pharmacies are designated as preferred, according to a report from the Medicare Payment Advisory Commission. Some 75% of seniors choose plans with preferred networks, notes industry expert Adam Fein. A now-withdrawn CMS proposal "would have effectively killed preferred pharmacy networks," Fein writes, and the MedPAC report includes suggestions that address the CMS' concerns.

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