Controversial Medicare Part D Reinsurance Offset Dropped From Cures Bill

A controversial Medicare Part D reinsurance offset has been dropped from 21st Century Cures legislation in the wake of concerns raised by Ways & Means lawmakers as well as the pharmacy benefit manager and health insurance lobbies, leading Energy & Commerce Chairman Fred Upton (R-MI) to seek new ways to pay for the legislation. A congressional aide and industry lobbyists confirmed that an offset provision that would delay Part D reinsurance payments is no longer being considered by E&C as...

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