The Centers for Medicare & Medicaid Services (CMS) requires group health plan sponsors and health insurance issuers to report their prescription drug data collection each year. This year, the required deadline for employers to turn in their report is June 1, 2024. Although employers may opt to source third parties to handle the report, it is important to include all the correct information.
In this latest bulletin, our experts break down reporting obligations and instructions for employers. To avoid receiving penalties and maintain compliance, download our latest bulletin.
If you have questions on information outlined in our bulletin, please reach out to your Plante Moran Group Benefit Advisor.
