CAHC’s Joel White gave a presentation to Rural Minds on rising Part D premiums. His presentation was included in an article about rising health care costs in the Bonner County Daily Bee.
The Council for Affordable Health Coverage noted the Inflation Reduction Act places more insurance risk on health plans and less on beneficiaries.
During a webinar Thursday though Rural Minds and National Grange, Joel White of the Council for Affordable Health Coverage presented some of the pros and cons of the changes on the complicated topic.
“This law is causing a lot of disruption,” White said.
“One of the things we thought about when we created Part D was, we didn’t want the government involved in these pricing decisions. The plans were negotiating with the drug manufacturers, but they were no longer passing those prices to the patients,” White said.
“The challenge we see is more and more plans may choose to not participate in Part D,” White said.
“It’s getting to be a much more expensive market with fewer choices,” White said.