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RxHCC Model May Not Accurately Predict Costs for Certain TAs

Summary by Avalere Health
Background The Inflation Reduction Act (IRA) significantly redesigns the Part D benefit in 2025 and changes liability between stakeholders, including beneficiaries, manufacturers, and plans. Under Part D redesign, plans will assume additional liability in the catastrophic phase where plan liability will increase from 15% in 2023 to 60%. Additionally, Part D redesign eliminates the coverage gap leaving plans liable for 65% of drug spending that …
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