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Analysis reveals changes in 2024 healthcare plans impact access for Medicare patients

The PAN Foundation, a leading charitable assistance foundation and healthcare advocacy organization, today announced new findings that highlight the formulary coverage and access shifts facing patients enrolled in standalone prescription drug plans (PDPs) and low-income subsidy (LIS) benchmark plans, including changes in premiums and plan offerings.

The analysis, conducted by Avalere and sponsored by PAN as part of its Center for Patient Research, found that 12 percent of PDPs offered in 2023 were not available in 2024, impacting about 400,000 enrollees. In addition, 31 percent of 2023 PDPs lost LIS benchmark status in 2024, representing 3.2 million LIS benchmark plan enrollees—causing them to have to either choose a new plan or pay a premium in 2024. Read More > 

PAN Foundation

PAN Foundation News & Announcements

As a leading charitable foundation and healthcare advocacy organization, the PAN Foundation is dedicated to accelerating access to treatment for those who need it most and empowering patients on their healthcare journeys. We provide critical financial assistance for treatment costs, advocate for policy solutions that expand access to care, and deliver education on complex topics—all driven by our belief that everyone deserves access to affordable, equitable healthcare.

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Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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