Re-assignment of some Medicare Part D beneficiaries

Later this fall, the Centers for Medicare & Medicaid Services (CMS) will re-assign low-income beneficiaries with full premium subsidies to new Medicare Prescription Drug Plans (PDPs), effective January 1, 2008. Re-assignments will be for individuals who are currently in a plan that, in 2008, will no longer have premiums below the "de minimus" amount (i.e. over $1.00 above the low-income subsidy (LIS) amount), resulting in a premium liability for the beneficiary. CMS will also reassign LIS beneficiaries that are in plans terminating or changing from a standard benefit to an enhanced benefit. For more information, click here or call/e-mail me.