“The federal Centers for Medicare and Medicaid Services released the 2022 instructions for the prescription drug and health care spending data collection (RxDC) requirement on Monday, March 27, 2022. RxDC is the new federal health and prescription drug claims and plan spending reporting requirement that affects employer group health benefit plans of all sizes and funding structures.”
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The Inflation Reduction Act of 2022 (IRA) included several cost-reduction and benefit-enhancement provisions affecting Medicare Part D plans. The most significant Medicare Part D-related provision that impacts employer-sponsored group health plans is that the annual...
There are several compliance obligations that employers need to complete throughout the year. The attached compliance summary focuses on key benefit program compliance requirements for the third calendar quarter of 2024. Please note that this summary includes general,...
MZQ Beacon Alert - April 29, 2024 In this Edition: "The Consolidated Appropriations Act of 2021 established a new data collection requirement for employers ofall sizes and funding structures, where such entities must now submit annual prescription drug data...