Understanding Medicare Prescription Benefits: A Step-by-Step Guide and downloadable resources! This educational webinar breaks down how patients fill prescriptions without upfront costs and how pharmacies get reimbursed. Ensure you're informed about your Medicare plan and the billing process for a smoother experience. 🎥 "Understanding Medicare Part D Changes and Their Impact on Patient Out-of-Pocket (OOP) Costs in 2025" -> https://lnkd.in/ebKuxZ-f #Medicare #PrescriptionBenefits #HealthcareTips #PharmacyGuide #PatientEducation #MedicarePlan #ReimbursementProcess #Healthcare101 #SeniorCare #PharmacyTips

🌟 Prescription costs can be confusing, overwhelming, and, for many, far too expensive. With Medicare Part D changes coming in 2025, it's more important than ever for healthcare providers and pharmacists to stay informed and support patients through these updates. 📽 Check out this insightful video from the National Association of Medication Access & Patient Advocacy (NAMAPA) on the latest Medicare Part D changes, and discover practical ways to help your patients manage prescription costs. ⚡ And don’t miss the chance to streamline your prescription enrollment process with the RxLightning Portal! Eliminate the guesswork of finding forms, reduce administrative burdens, and capture patient consent seamlessly—all in one workflow. Together, let’s make healthcare more accessible! #MedicarePartD #PatientCare #RxLightning #Access #Affordability

Hey Y'all! It's here! CMS published the CY 2025 Medicare Physician Fee Schedule proposed rule (2248 pages, by the way). So, the skinny on the conversion factor (CF) is that the proposed CF is 32.3562. Initially the CF for 2024 was 32.34 but Congress passed legislation that increased it to 33.2875 that went into effect on March 9th of this year. So, the proposed 2025 CF is 0.05% higher than the finalized 2024 CF but it is 2.8% LOWER than the one currently in place after the bump from Congress. Time to put in some heavy reading time........ Please share/repost if you feel others will benefit from this information. #CMS #MPFS #Medicare #medicalpractice #medicalcoding #medicalbilling #ProposedRule #CHCS https://lnkd.in/eR4jt6iM

📰 NEWS: CVC Asks CMS to Remove High-Cost Supplies and Equipment from the Medicare Physician Fee Schedule The CVC letter emphasizes that the proposed rule would impose yet another round of significant cuts to private practice office-based interventionalists, and how the rule would make the problem of limb salvage provider deserts worse. Furthermore, the comment letter highlights the fact that if the proposed rule is finalized, Medicare reimbursement for 300 office-based services would be less than direct practice costs.

Today AMGA called on Congress to act to reverse the potential cut to the Medicare conversion factor. Unless Congress acts this year, Medicare provider reimbursement rates will be cut by 2.8% on January 1, 2025. A new AMGA survey shows the very real impact on patient care the potential reduction will have. It also reveals that if the cuts go into effect, more medical groups will be forced to take action in 2025, and in some categories there’s a dramatic increase, such as in eliminating patient services. Read the full release: https://ow.ly/8TfK50Tvruv

Medicare can be complex, but we are here to help. Medicare covers about 80% of medical costs, leaving the remaining 20% to be covered by the individual. Our goal is to make it easy for you to understand your options, including when to enroll, what's covered, and more. 📞323.455.4961 📱 WWW.GO2HIR.COM ♥️𝘍𝘳𝘰𝘮 𝘖𝘣𝘢𝘮𝘢𝘊𝘢𝘳𝘦 𝘛𝘩𝘳𝘰𝘶𝘨𝘩 𝘔𝘦𝘥𝘪𝘊𝘢𝘳𝘦... 𝘞𝘦 𝘊𝘢𝘳𝘦!♥️ #PartBpremiums #premiums #partb #medicare #LAinsurancehelp #medicarehelp

Medicare Part B: A Breath of Fresh Change 🌬️ Changes to #MedicarePartB in 2024 and 2025 under the Inflation Reduction Act promise significant benefits! But what exactly is Medicare Part B and how is it evolving? Medicare Part B covers: - Doctor visits 🏥 - Outpatient care - Medical supplies - Preventive services Why the changes matter for you: - **Reduced Costs**: New limits on out-of-pocket expenses will help keep your budget in check. 💸 - **Enhanced Coverage**: Improved access to outpatient services and essential preventive services. - **Fewer Surprises**: More predictable spending allows for better financial planning. Benefits of the upcoming changes: - Lower prescription drug prices, making medications affordable. 💊 - Capping annual expenses protects against financial hardship. - Extensive coverage now includes critical medical services. These updates are tailored for enrollees to receive more comprehensive and affordable care. Imagine saving more while receiving high-quality medical services! 🌟 Stay informed, stay healthy. Here’s to a transformative 2024! 🚀 #Healthcare #Medicare #MedicalCoverage #InflationReductionAct #TwoAgenciesInc

New #ManattOnHealth insight by Adam Finkelstein: #CMS has just finalized key guidance for the #IRA’s #Medicare Prescription Payment Plan (MPPP), setting the stage for implementation during the upcoming Medicare open enrollment period for 2025. This latest update, often referred to as Part D monthly out-of-pocket "smoothing," brings clarity and structure to how Medicare #PrescriptionDrug plans (PDP) will educate enrollees about managing costs effectively. #Healthcare https://lnkd.in/dzbYdPvZ

Say goodbye to the elevated payment rates that have buoyed Part B professional fees for most of 2024. https://hubs.la/Q02HgFSY0 Should CMS' proposals in the latest physician fee schedule hold, providers & medical groups will see a nearly 3% reduction to the Medicare Part B conversion factor in 2025.

Mark Your Calendar! 📆 FAST FORWARD to the Future of Prescribing with the Named SCRIPT, F&B and RTPB Standards at NCPDP’s 2024 Virtual #EducationalSummit! The fully virtual event takes place October 16 and 17, 2024, from 8:00 a.m. to 1:00 p.m. PT so you can attend from anywhere. Get access to a critical knowledge base of industry experts to help you prepare and implement our next generation standards required by the Centers for Medicare and Medicaid Services (#CMS). This impacts everyone involved in #prescribing, processing, and dispensing #prescriptionmedications. We will explore significant changes to SCRIPT Standard Version 2023011, Formulary and Benefit Standard Version 60, and the new Real-Time Prescription Benefit (RTPB) Standard Version 13 that are designed to further improve #interoperability, efficiencies, and inclusion of transactions for better informed clinical decision-making at the point-of-care. Learn how to use the updated standards to meet the timeline for implementation to comply with the final rule. Visit https://lnkd.in/g2ih9aDF to preview session topics and meet the speakers. Enjoy Early Bird savings when you register by September 21, 2024!