Study Examines Potential Impact of the Medicare Prescription Payment Plan on Cancer Patients
Nearly half of Medicare Part D cancer patients reach their out-of-pocket cap, but low awareness of the 2025 plan limits its use and potential benefits, CMS data show.
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Study examines potential impact of the Medicare Prescription Payment Plan on cancer patients
A new study examines the potential impact of the Medicare Prescription Payment Plan (M3P) - an opt-in policy implemented in 2025 under the Inflation Reduction Act that allows beneficiaries to spread out of pocket (OOP) costs over the calendar year - on Medicare Part D beneficiaries with cancer who face high out-of-pocket (OOP) prescription drug costs.
Spreading drug costs over the year may ease financial burden for Medicare cancer patients
A new study examines the potential impact of the Medicare Prescription Payment Plan (M3P)—an opt-in policy implemented in 2025 under the Inflation Reduction Act that allows beneficiaries to spread out-of-pocket (OOP) costs over the calendar year—on Medicare Part D beneficiaries with cancer who face high out-of-pocket (OOP) prescription drug costs.
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