CAHC’s Joel White was featured in a Newsweek article on upcoming premium increases to Medicare Part D plans. Premiums are already up 21 percent this year and are expected to jump another 50 to 100 percent for the 2025 plan year.
However, Joel White, the president of the Council for Affordable Health Coverage, said the law is sure to bring its fair share of cons for seniors, as well.
“This law is causing a lot of disruption,” White said in a webinar Thursday through Rural Minds and National Grange.
White was influential in the writing of the 2002 Trade Act, which prompted health care tax credits and updated several Medicare payment policies.
“One of the things we thought about when we created Part D was, we didn’t want the government involved in these pricing decisions,” White said. “The plans were negotiating with the drug manufacturers, but they were no longer passing those prices to the patients.”
“The challenge we see is more and more plans may choose to not participate in Part D,” White said.