Fact Sheets

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20+ Million Households Enroll in ACP

This week the Federal Communications Commission (FCC) announced more than 20 million households have enrolled in the agency’s Affordable Connectivity Program (ACP). With the Affordable Connectivity Program (ACP), the FCC is now helping households across the country connect to the internet and save on their monthly bill. In order to reach today’s enrollment milestone, the FCC heavily engaged local, state and federal organizations to serve as ACP outreach and awareness-raising partners. The FCC has committed over $72 million in grants at the state and local level, with 228 ACP Outreach Grants issued to trusted state, local, and Tribal governments and community partners. If you or someone you know is seeking affordable internet connectivity

Short URL: http://www.advancingstates.org/node/74824

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Anniversary of the Inflation Reduction Act: Update on CMS Implementation

The CMS fact sheet notes the one-year anniversary of the Inflation Reduction Act (IRA) of 2022 and describes provisions in the law affecting Medicare and Marketplace plans, including a summary of milestones CMS has met. A list of public education tools to help people with Medicare and those who assist them in understanding the changes under the IRA are included.

Short URL: http://www.advancingstates.org/node/74809

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CMS Issues Several Fiscal Year 2024 Final Rule Payment Policies

CMS recently issued several final rules on payment rates and policies fiscal year for (FY) 2024. 1. FY 2024 Hospital Inpatient Prospective Payment System (IPPS) and Long-Term Care Hospital Prospective Payment System (LTCH PPS) Final Rule — CMS-1785-F and CMS-1788-F Fact Sheet 2. Fiscal Year (FY) 2024 Skilled Nursing Facility Prospective Payment System Final Rule - CMS-1779-F 3. Fiscal Year 2024 Hospice Payment Rate Update Final Rule (CMS-1787-F) 4. Fiscal Year 2024 Medicare Inpatient Psychiatric Facility Prospective Payment System and Quality Reporting Final Rule 5. Fiscal Year 2024 Inpatient Rehabilitation Facility Prospective Payment System Final Rule (CMS-1781-F)

Short URL: http://www.advancingstates.org/node/74806

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State Fact Sheets: Impacts of the IRA and ACA on Lowering Health Care Costs

The ASPE recently issued fact sheets for each state and the District of Columbia highlighting health care cost savings as a result of the Inflation Reduction Act (IRA) and the Affordable Care Act (ACA). Savings from Medicare Part D out-of-pocket costs, insulin, vaccines, and Marketplace premiums, and the latest enrollment data for Medicare, Medicaid and Marketplace are featured.

Short URL: http://www.advancingstates.org/node/74790

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9.4 Million Adults Ages 50 and Older Faced Food Insecurity in 2021

AARP recently released a fact sheet describing the prevalence of food insecurity among adults aged 50 and older in 2021. The fact sheet reveals that over 9 million Americans in this age group (approximately eight percent) experienced limited or uncertain access to nutritious food. Moreover, this fact sheet highlights the impact of food insecurity on the health of older adults, showing a higher prevalence of health conditions like diabetes, high blood pressure, congestive heart failure, asthma, and depression among food-insecure individuals. The report also explores important variations in food insecurity based on factors such as age, race, ethnicity, income, and educational attainment.

Short URL: http://www.advancingstates.org/node/74787

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CMS Releases 2024 Projected Medicare Part D Premium and Bid Information

CMS projects the calendar year 2024 average total monthly premium for Medicare Part D prescription drug coverage to be $55.40; a decrease of 1.8 percent from 2023. The average total Part D premium is the sum of the average basic premium and the average supplemental premium for plans with enhanced coverage. CMS reports that the projected decrease in the average total Part D premium is due to a limit in the growth of the base beneficiary premium to an annual six percent increase and other changes to the Part D benefit in 2024 as specified by the Inflation Reduction Act. Additionally, in 2024 CMS’ Part D pharmacy price concessions policy is expected to reduce beneficiary out-of-pocket costs by requiring Part D plans to apply all price...

Short URL: http://www.advancingstates.org/node/74785

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CMS Announces New Dementia Care Model

This week, CMS announced its Guiding an Improved Dementia Experience (GUIDE) Model, which aims to improve the quality of life for people living with dementia, reduce strain on unpaid caregivers, and help people remain in their homes and communities through care coordination and management, caregiver support, and respite services. Through the GUIDE Model, CMS will test an alternative payment for participants who deliver key supportive services to people with dementia, including comprehensive, person-centered assessments and care plans, care coordination, and 24/7 access to a support line. The intended beneficiary population is community-dwelling Medicare fee-for-service beneficiaries, including beneficiaries dually eligible for Medicare...

Short URL: http://www.advancingstates.org/node/74782

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FACT SHEET: President Biden Announces New Actions to Lower Health Care Costs and Protect Consumers from Scam Insurance Plans and Junk Fees as Part of “Bidenomics” Push

On July 7, The U.S. Department of Health and Human Services (HHS) announced actions to protect consumers from junk health plans, surprise medical bills, and excess costs that lead to medical debt. HHS also released a new report projecting that nearly 19 million older adults and people with disabilities with Medicare will save on average $400 per year on prescription drug costs when the $2,000 out-of-pocket prescription drug spending cap from the Inflation Reduction Act (IRA) goes into effect in 2025...

Short URL: http://www.advancingstates.org/node/74742

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CMS Releases Revised Guidance for Medicare Drug Price Negotiation Program

On June 30th, the Centers for Medicare and Medicaid Services (CMS) released revised guidance detailing the requirements and parameters of the new Medicare Drug Price Negotiation Program for the first round of negotiations, which will occur in 2023 and 2024. The agency received over 7,500 comments on the initial guidance which was released in March 2023. According to CMS, the agency is releasing the revised guidance with changes from the initial guidance to improve transparency and foster an effective negotiation process....

Short URL: http://www.advancingstates.org/node/74718

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Fact Sheet: Medicare Part D Low-Income Subsidy & Medicaid Unwinding—Tips for Advocates

Justice in Aging has published a fact sheet providing guidance for advocates working with older adults who are dually eligible for Medicare and Medicaid. It emphasizes two important features of the Medicare Part D Low-Income Subsidy (LIS): Medicaid termination does not immediately end LIS enrollment, and LIS eligibility is often more generous than Medicaid and Medicare Savings Program (MSP) eligibility rules. The fact sheet offers practice tips to help advocates ensure that older adults understand their LIS enrollment during the Medicaid unwinding period and their options for continuing their LIS coverage...

Short URL: http://www.advancingstates.org/node/74703

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