Relevant to: All Medicare Advantage Organizations and Part D Plan Sponsors
The purpose of this memorandum is to announce that the Contract Year (CY) 2025 Bid Review Out-of-Pocket Cost (OOPC) Models will be available on the CMS.gov website on or about April 16, 2024. The CY 2025 Bid Review OOPC Models for Part C and Part D allow stand-alone Prescription Drug Plans (PDPs) and Medicare Advantage Organizations (MAOs) to calculate OOPC values for each of their plan offerings for CY 2025.