WASHINGTON, Oct. 16 -- The Centers for Medicare & Medicaid Services issued the following press release:
The Centers for Medicare & Medicaid Services (CMS) today issued a proposed rule that would improve the accuracy of provider directories for Medicare Advantage plans, establish transparency and compensation requirements for Pharmacy Benefit Managers (PBMs), and deliver enhanced cost-saving protections for low-income Medicare beneficiaries.
"CMS has been working to improve data connectivity and accuracy in provider directories across the healthcare system," said CMS Administrator Mehmet Oz. "The actions we are proposing today will give Medicare Advantage and Part D enrollees more reliable information, stronger financial protections, and g...