The Centers for Medicare & Medicaid Services (CMS) notified states of calendar year (CY) 2025 clawback multipliers, which are used to calculate state payments to the federal government for the Medicare Part D prescription drug program. According to the release, the per-beneficiary monthly clawback charge will increase by 8.58%.
FFIS estimates that CY 2025 clawbacks will cost states $20.1 billion, a 9% ($1.7 billion) increase from CY 2024.