Which organization primarily administers the Part D Senior Savings Model?

The organization that primarily administers the Part D Senior Savings Model is Medicare. This model is designed to provide seniors with access to lower insulin costs under the Medicare Part D program. As a part of the broader Medicare system, the Centers for Medicare & Medicaid Services (CMS) oversees and implements the Part D benefits for eligible beneficiaries. This includes establishing the framework of the savings model, which aims to enhance affordability for seniors managing diabetes through lower prescription drug costs.

While Centene and Wellcare are private health insurance providers that may offer Medicare plans, they operate within the regulations and structures set by CMS. State Medicaid programs do not administer Part D, as that responsibility lies with the federal Medicare system. Therefore, understanding the role of Medicare is crucial for grasping how the Part D Senior Savings Model functions and who is responsible for its implementation.