Part D Basic Premium Net of Rebate

SAS Name
PLAN_BASIC_PREMIUM_NET_REBATE

This variable is the dollar amount of the Part D Basic Premium. This amount is net of any Part A/B rebates applied to "buy down" the drug premium for Medicare Advantage plans.

Comments

The CCW constructs the Plan Characteristics File from information submitted by plan
sponsors to CMS’s Health Plan Management System (HPMS). Employer and National
Program of All-inclusive Care for the Elderly (PACE) plans are waived from reporting Plan
Benefit Package information.

For those plans that did not report, the value of this variable will be blank.

Source: CMS (HPMS Files)