The Medicare Low-Income Subsidy (LIS) Program is a federal assistance program that helps eligible beneficiaries afford their prescription medications by reducing or eliminating expenses associated with Medicare Part D, including plan premiums, deductibles, and copayments.
With 27% of Medicare Part D beneficiaries using the Low-Income Subsidy (LIS) Program in 2023 and recent Inflation Reduction Act changes expanding eligibility, understanding this program is crucial for life sciences professionals.
Does your sales team know how the LIS impacts various stakeholders?
Our newly introduced Fast Facts: The Low-Income Subsidy Program resource is designed to help your sales teams understand this program and effectively engage with key stakeholders. The resource covers essential topics, including:
- Eligibility criteria and coverage benefits
- Enrollment periods
- Impact on key stakeholders:
- Patients
- Physicians
- Health Plans/Pharmacy Benefit Managers (PBMs)
- Manufacturers
The LIS Program is subject to change in this continuously shifting legislative and industry landscape. Add this resource to your learning resources to ensure your sales teams have the knowledge they need to engage confidently with the stakeholders involved. This resource is intentionally designed to reflect any new changes to the LIS Program in the future, ensuring your sales teams have the most current knowledge.
Learn More About Market-Ready Content
CMR Institute always remains vigilant to the changes in this complex healthcare marketplace. Our commitment to our clients and learners is to quickly make appropriate updates to our content, whether within our rigorous review process or driven by a market shift that needs to be addressed immediately.
Our library is continually updated to reflect the latest developments impacting life sciences professionals, helping to advance knowledge, drive performance, and improve healthcare.
To learn more about these updates or our services, please reach out to us below, to find out how you can use these and many other market-ready content resources to create custom and effective training pathways for your teams. Our innovative and completely customizable learning pathways empower teams to become their very best.
