Quick Facts: Please review the key points below to determine if this legislative update is pertinent to your business.
- Employers with health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D are subject to certain disclosure requirements.
- If you are an employer that sponsors such a health plan, you must complete an online disclosure form with CMS within 60 days after the start of the plan year, (i.e. February 29, 2020, for calendar year plans).
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