Medicare/CMSMedium ImpactAdministrative
2026-03-19 - CMS Announces Manufacturer Participation in Third Cycle of Medicare Drug Price Negotiation
Published March 19, 2026Effective May 12, 2026
AI Summary
CMS released the March 2026 newsletter announcing multiple Medicare updates including drug price negotiations, form updates, and various program deadlines. Key changes include mandatory use of updated beneficiary notice forms starting May 2026 and several upcoming application deadlines for hospitals and ACOs.
Action Required
By May 12, 2026: Replace current Advance Beneficiary Notice of Noncoverage forms (CMS-R-131) with updated versions in English/Spanish. By May 15, 2026: Replace Important Message from Medicare (CMS-10065) and Detailed Notice of Discharge (CMS-10066) forms with updated versions. Download new forms from CMS website and update all locations where these forms are used.
Plan Types
Traditional Medicare, Medicare Advantage
Specialties
all-specialties