CMS admits error over Part D low-income benchmark
In a follow-up to a final rule about Medicare Part D's low-income benchmark, the Centers for Medicare & Medicaid Services said it made some mathematical errors.
The Centers for Medicare & Medicaid Services admitted in a correction posted in the April 17 rule, which modifies the weighting methodology used to calculate the low-income benchmark amount, would come to $1.68 billion for fiscal years 2009 through 2018. The corrected estimated cost is $1.23 billion. These errors, though, will have no impact on the rule, published in the April 3 Federal Register.
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