Each state’s best insurance company.
The Center for Medicare and Medicaid Services (CMS) released proposed payment updates for 2025 Medicare Advantage and Part D programs in November.
There are four parts of Medicare coverage: Part A, Part B, Part C and Part D.
Part A provides hospital coverage, Part B provides outpatient coverage, Part C is Medicare Advantage, which allows private insurance companies to provide services and Part D covers prescription costs.
Starting in 2025, Medicare beneficiaries enrolled in Part D programs will have their prescription costs capped at $2,000, potentially saving money for more than 1 million enrollees.
Here are the top-rated providers for prescription drug costs in each state, as reported by U.S. News.
The states marked with an asterisk are considered the U.S. New and World Report’s top insurance companies. States received this ranking from the CMS and were rated at least three out of five stars and had an average rating of 4.0 or more stars within the state.
DC Roundtable: Patrick Cooney of The Federal Group Drops the Latest on PBM Legislation in Washington
April 11th 2024In this episode of "DC Roundtable," Peter Wehrwein, managing editor of Managed Healthcare Executive, spoke with Patrick Cooney, president of The Federal Group, a lobbying and strategic planning firm in Washington, D.C., about recent developments in Washington concerning PBMs.
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