The Inflation Reduction Act of 2022 made significant design changes to Medicare Part D effective January 1, 2025. The changes will cause an increase in the actuarial value of Medicare Part D coverage, which will impact...more
Employer group health plans must make an annual disclosure of the plan's prescription drug and healthcare spending to the Centers for Medicare & Medicaid Services (CMS). The disclosure, called the Prescription Drug Data...more
February 29 brings two annual deadlines for employers that sponsor a group health plan for their employees.
Medicare Part D—Creditable Coverage Disclosure to CMS -
An employer with a group health plan that provides...more
March 1 brings two annual deadlines for employers that sponsor a group health plan for their employees.
Medicare Part D—Creditable Coverage Disclosure to CMS -
An employer with a group health plan that provides...more
Does your company's health plan provide prescription drug coverage? If so, you have until October 15, 2022 to send a notice to individuals who are enrolled in Medicare Part A or Part B and are eligible for the company's...more
9/28/2022
/ Benefit Plan Sponsors ,
Centers for Medicare & Medicaid Services (CMS) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Filing Deadlines ,
Health Insurance ,
Medicare ,
Medicare Part A ,
Medicare Part B ,
Notice Requirements ,
Prescription Drug Coverage ,
Prescription Drugs ,
Required Forms
March 1 brings two annual deadlines for employers that sponsor a group health plan for their employees.
Medicare Part D - Creditable Coverage Disclosure to CMS -
An employer with a group health plan that provides...more