# Modernizing Part D and Medicare Advantage To Lower Drug Prices and Reduce Out-of-Pocket Expenses
> **Centers for Medicare and Medicaid Services** · Final rule. · Published 2019-05-23 · Effective 2020-01-01 · 84 FR 23832
## Document
- **Document number:** 2019-10521
- **Category:** medicare
- **Sub-agency:** Centers for Medicare and Medicaid Services
- **Federal Register citation:** 84 FR 23832
- **CFR reference:** 42 CFR 422
- **Publication date:** 2019-05-23
- **Effective date:** 2020-01-01
- **HHS docket:** CMS-4180-F
## Abstract

This final rule amends the Medicare Advantage (MA) program (Part C) regulations and Prescription Drug Benefit program (Part D) regulations to support health and drug plans' negotiation for lower drug prices and reduce out-of-pocket costs for Part C and D enrollees. These amendments will improve the regulatory framework to facilitate development of Part C and Part D products that better meet the individual beneficiary's healthcare needs and reduce out-of-pocket spending for enrollees at the pharmacy and other sites of care.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2019/05/23/2019-10521/modernizing-part-d-and-medicare-advantage-to-lower-drug-prices-and-reduce-out-of-pocket-expenses)
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