News About Diabetes-Related Meds

Good morning,

I hope all are safe and sane in these crazy times.

I do not know if you heard, but Medicare has announced a reduction in cost for Insulin and Diabetes related medications.

The plans will have a maximum $35.00 copay for a 30 day supply for insureds up to the dreaded donut hole. They have not determined the donut hole threshold for 2021, as of yet.

This is great news, as over 3 million people on Medicare are currently taking some form of insulin to manage their diabetes.

The following manufacturers are participating in the cost reduction:

● Eli Lilly and Company

● Novo Nordisk, Inc. and Novo Nordisk Pharma, Inc.

● Sanofi-Aventis U.S. LLC

Here is an up to date list of medications that will qualify for a maximum payment of $35.00:

https://innovation.cms.gov/files/x/partd-seniordav-ndclist.pdf

Here is the link to CMS.gov to explain everything, please keep in mind it is a government entity so they do not get right to the point:

https://innovation.cms.gov/innovation-models/part-d-savings-model

Please give us a call if you have any questions or if you are interested in having a conversation about your options and coverage.

As always, do something nice for someone just because.

All the best,

Randall J. Lawson

Owner/Agent

The HgO Group

(888) 449-4863 Office

randy@thehgogroup.com

thehgogroup.com

National Producer Number #9276045