PBMs for Better or Worse

2021-02-11T16:01:43+00:00

With enrollment in Medicare Part D and specialty drug costs exploding, it’s no surprise that forecasts predict 7 percent annual growth for PBMs over the next several years. Two trends noted in the report were the continued acquisition or startup of PBMs by insurance carriers and the need for employers to better understand their options [...]

PBMs for Better or Worse2021-02-11T16:01:43+00:00

Medicare D Credible Coverage Notices Due by October 15th

2018-09-12T14:26:45+00:00

The Medicare Prescription Drug Improvement and Modernization Act of 2003 implemented prescription drug coverage under Medicare (Medicare D), requiring all employers that offer prescription drug benefits to provide an annual notice of Medicare open enrollment. The notice must go to all Medicare eligible plan participants and qualified beneficiaries before October 15th each year. The notice [...]

Medicare D Credible Coverage Notices Due by October 15th2018-09-12T14:26:45+00:00

Medicare Part D Notice Deadline: October 14th

2016-10-26T14:18:42+00:00

As you may recall, with the introduction of Medicare Part D prescription drug benefits, the Centers for Medicare and Medicaid Services (CMS) imposed specific notice requirements on employers. Each year, employers whose healthcare plans include prescription drug benefits are required to notify all Medicare beneficiaries and the CMS of the “creditable” or “non-creditable” coverage status [...]

Medicare Part D Notice Deadline: October 14th2016-10-26T14:18:42+00:00

A Q&A on Medicare Part D

2015-03-13T18:19:54+00:00

When it comes to Medicare Part D, we know you have questions. Luckily, Diversified Group has answers! Below are a few of the frequently asked questions we have received regarding Medicare Part D. How Do I Determine if Our Prescription Plan is Credible or Not? Employers are not required to obtain an attestation by a [...]

A Q&A on Medicare Part D2015-03-13T18:19:54+00:00
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