The Inflation Reduction Act means unprecedented changes to the structure of Part D plans. Dwane McFerrin, Senior Vice President of Med Solutions at SMS will shed light on this legislation and discuss potential implications for the upcoming AEP. Check out the main highlights below.
01:44 What is the Inflation Reduction Act?
03:53 Changes to Medicare Part D
07:19 Changes to Medicare Part D for Brand-Name Drug costs (KFF)
09:33 New Part D Benefit Increases Cost to Plans (KFF)
11:31 Medicare Drug Price Negotiation for 2026 & 2027 (KFF)
15:16 Medicare Advantage thoughts and impact
16:54 What Medicare agents should be aware about
19:46 The implications of the changes coming
27:03 How SMS can help you get ready for AEP
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