Part D Insurers Are Increasingly Exiting Markets in Wake of IRA Changes
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May 22, 2025
The percentage of people affected by Medicare Part D insurers leaving their geographic market this year significantly increased from previous years, according to a study published on May 14 in JAMA. The results add to the growing literature showing the impact of Part D changes that were part of the Inflation Reduction Act (IRA) and took effect starting this year.
Health policy experts tell AIS Health, a division of MMIT, that the IRA-mandated shifts have contributed to more people choosing Medicare Advantage Prescription Drug (MA-PD) plans rather than stand-alone Prescription Drug Plans (PDPs), but they say it remains to be seen how potential policies from Donald Trump’s administration will impact the market.
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