CMS readies to sign off on Medicare Part D plans

The Centers for Medicare & Medicaid Services is preparing to sign off in the next week or so on Medicare Advantage (MA) and Medicare Prescription drug plans (MA-PD) developed by health plans around the country. After that, competition is expected to begin in earnest among companies eager to seize their share--and possibly somebody else's--of the billion dollar Medicare Part D market. To prevent abuse, plans have been prohibited from revealing details of their contracts to consumers until they receive a regulatory blessing. With the shackles off, expect competition to be fast and furious.   

- see this story from AIS Health