The Beacon – December 27, 2022

MZQ Beacon Alert – December 27, 2022

In this Edition:

“Late in the afternoon on December 23, 2022, the Administration issued Affordable Care Act FAQ #56, and in doing so gave a little holiday gift to all group health plans nationwide. The guidance establishes limited deadline and enforcement relief for the 2020 and 2021 Prescription Drug Data Collection (RxDC) submissions that were due by December 27, 2022. There will be a compliance safe harbor for all group health plans and health insurance issuers that use a good faith, reasonable interpretation of the regulations and reporting instructions when making data submissions.”

Download the report to learn more about the contents of the released FAQ and guidance on the simplified reporting for 2020 and 2021 data submissions.

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