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CMS offers transition for Part D plans for safe harbor rule
Modern Healthcare

The CMS will offer a two-year transition for Medicare Part D plans under the administration’s proposal to eliminate safe harbor protections for pharmacy benefit managers.

CMS Administrator Seema Verma made the announcement in a Friday bulletin. The guidance comes as Part D insurers warn they may hike premiums when the proposed rule is finalized. The administration set Jan. 1 of next year as its target date for implementation and the comment period ends Monday.