Medicare Part D Parameters: Preliminary 2011 Clawback Calculations

The Centers for Medicare and Medicaid Services (CMS) has announced the parameters that will guide calendar year (CY) 2011 individual and state costs for the Medicare Part D drug benefit. These data, as well as enrollment data for persons dually eligible for Medicare and Medicaid, and FFIS projections of Federal Medical Assistance Percentages—FMAPs—for federal fiscal year (FY) 2012, permit preliminary estimates of state clawback multipliers and costs for CY 2011.