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U.S. Medicare Chief Defends Proposed Part D Drug Benefit Reforms

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February 25, 2014 AT 2:16 PM
The Obama administration's top Medicare official on Tuesday defended proposed changes to the popular Part D drug benefits program for the elderly and disabled that are fiercely opposed by a broad network of drugmakers, insurers, healthcare providers and patient advocates. The Centers for Medicare and Medicaid Services proposed a new rule in January that would fundamentally alter the program's private insurance coverage for certain drugs, change the pharmacy networks that some plans cover and limit the number of policies available to beneficiaries in any given region.