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CMS Releases Medicare Prescription Payment Plan

Fri, February 16, 2024 4:03 PM | Anonymous

Recently, CMS released the Medicare Prescription Payment Plan (M3P) Part Two Draft Guidance. The Medicare Prescription Payment Plan is a new program required under the Inflation Reduction Act under which Part D sponsors must provide enrollees the option to pay out-of-pocket prescription drug costs in the form of monthly payments over the course of the plan year, instead of all at once at the pharmacy, beginning in 2025.  A 30-day comment period for the draft part two guidance opened today and concludes on March 16, 2024.

Press Release:

Fact Sheet:

M3P Draft Part 2 Guidance:

About the Association

Established in 1994, the Arizona Rural Health Association, Inc. (AzRHA) serves as an independent organization after serving as the Advisory Committee of the Arizona Center for Rural Health for many years. 

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Arizona Rural Health Association
55 Lake Havasu City South, Ste. F #271
Lake Havasu City, AZ 86403

Phone: (928) 222-2289

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