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CMS Will Require Medicare Part D Plans To Offer A Real-Time Drug Benefit Cost Comparison Starting January 1, 2023

A final rule issued on January 19, 2021, for Medicare Part D drug plans will require the plans to offer a real-time drug benefit comparison tool. The provision goes into effect on January 1, 2023. The goal is to give enrollees tools to research cost sharing and utilization management requirements for prescription drugs, and to research lower cost alternative therapies to specific prescribed drugs.
The real-time benefit tool (RTBT) must allow enrollees to view the information included in the prescriber RTBT …

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