CBO estimates that the legislation would reduce spending on cost-sharing by about $72 billion over the 2020 - 2030 period among Part D enrollees who are not covered by the Low-Income Subsidy program.
CBO estimates that the legislation would reduce spending on premiums by about $1 billion over the 2020 - 2030 period among Part D enrollees who are not covered by the Low-Income Subsidy program.
Modifications to the legislation include changing the beneficiary share of the Part D premium from 25.5 percent to 24.5 percent, changing implementation dates, and removing section 10205 which was enacted under P.L. 116-59 on September 27, 2019.
