Real-Time Drug Pricing Available to Medicare Providers in October

5Mind. The Meme Platform

Providers that use certified IT systems would have access to up-to-the-minute price information and streamlined prior authorization requests.

Medicare patients will have access to real-time prescription drug pricing and streamlined prior authorization decisions starting in October, the Department of Health and Human Services (HHS) announced Sept. 2.

That’s enabled by a new regulation that allows doctors with certified information technology systems to obtain up-to-the-minute pricing information.

Providers will also be able to submit prior authorization requests to insurers electronically, reducing the time for a decision and easing a longstanding problem for doctors and patients.

“By improving patient outcomes, cutting provider burden, and ensuring full transparency at the point of care, we are delivering on our promise to Make America Healthy Again,” HHS Secretary Robert F. Kennedy Jr. said in a Sept. 2 statement.

Insurers Cooperate

A coalition of 10 large health insurance companies pledged in June to overhaul the often-criticized prior authorization process for more than 250 million Americans enrolled in commercial, Medicare Advantage, and Medicaid managed care plans.

Kennedy thanked insurance companies for their commitment, and the Trump administration was “actively working with industry to make it easier to get prior authorization for common services such as diagnostic imaging, physical therapy, and outpatient surgery.”

Physicians handle about 40 preauthorization issues and requests each week, taking about 12 hours on the paperwork, according to Dr. Mehmet Oz, director of the Centers for Medicare and Medicaid Services.

Technology Driven

Part of the problem was the lack of a standardized system for submitting prior authorizations.

“The healthcare system remains fragmented and burdened by outdated manual processes, resulting in frustration for patients and providers alike,” Mike Tuffin, president and CEO of trade association America’s Health Insurance Plans, said in a June statement praising the industry’s effort to streamline the process.

The finalization of a federal certification for health information systems will enable Medicare providers to obtain prior authorizations electronically.

Achieving that was an important step toward reducing the paperwork burden on health providers and facilitating patients’ access to care, according to the Assistant Secretary for Technology Policy and National Coordinator for Health Information Technology, Dr. Tom Keane.

By Lawrence Wilson

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The Sacred Responsibility

From the beginning of time the female of every kind holds the sacred responsibility of continuing existence itself.

Vaxx Producers Would Go Bankrupt Without Legal Immunity, Concedes Former CDC Director

Rochelle Walensky justified in a Boston Globe "Fireside Chat" vaccine makers’ special legal protections that leave Americans no recourse for injuries paid.

What’s Really Behind the US’ Ambitious Tech Plans for Armenia?

Two US think tank experts argued in a WaPo article that deeper American engagement with Armenia could help more effectively contain Russia.

Unheralded and autonomous

NIL money has turned recruiting into a financial arms race, where loyalty fades and players follow whoever writes the biggest check.

‘Yes, Some Children… Died From COVID Shots’, Major Legacy Media Concedes as British Gov. Hides Excess Death Data

‘Yes, Some Children May Have Died From COVID Shots,’ reads The Atlantic headline — a departure from June 2022 article, “Don’t Wait to Get Your Kid Vaccinated.”

Trump Admin Partners With Korea Zinc to Build $7.4 Billion Smelter in US

The world’s largest zinc smelter, Korea Zinc Co., would be building a multibillion-dollar mineral smelting and processing facility in Tennessee.

California Hires CDC Officials Who Left Trump Administration

Two former CDC officials have joined the California government to help launch a new initiative that provides an alternative to the federal government.

Rob Reiner’s Son Booked for Murder After Director, Wife Found Dead

The son of Rob Reiner and his wife has been taken into custody following the deaths of his father and mother, booking records show.

Trump Says He’s Not Sure Whether Republicans Will Retain House During Midterms

President Donald Trump said in an interview that he is unsure whether Republicans will retain the House in the 2026 midterm elections.

Trump Says He Is Pardoning Former Colorado County Clerk Tina Peters

Trump is pardoning Tina Peters, a former Colorado county clerk convicted of election machine tampering in the aftermath of the disputed 2020 election.

Trade Chief Jamieson Greer Indicates Progress on US–India Trade Deal

U.S. Trade Representative Jamieson Greer hinted that the United States and India are making progress on a deal.

Trump Touts Lower Prices, Bigger Paychecks in 1st Stop of National Tour

President Trump told an energetic crowd at a Dec. 9 rally that his administration’s policies are lowering the cost of living nationwide.

Trump Announces $12 Billion Farm Aid Program

Trump made the announcement at a roundtable at the White House to discuss his economic aid package for American farmers.
spot_img

Related Articles

Popular Categories

MAGA Business Central