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CMS finalizes program changes for Medicare Advantage and Prescription Drug Benefit Programs for Contract Year 2015 (CMS-4159-F)

On May 19, 2014, the Centers for Medicare & Medicaid Services (CMS) issued a final rule that will revise the Medicare Advantage (MA) and Part D prescription drug benefit programs regulations to implement statutory requirements, improve program efficiencies, clarify program requirements, and improve payment accuracy for Contract Year (CY) 2015 in general.
Fact Sheet

OVERALL HEALTH CARE COST GROWTH PROJECTIONS SLOW FROM 2003 MEDICARE DRUG COVERAGE EXPECTED TO LOWER PRICES

The rate of health care spending in the United States is projected to grow 7.5 percent in 2004, down from the 7.7 percent growth experienced in 2003, according to a report issued today by the Centers for Medicare & Medicaid Services (CMS).
Press Release