Archive for Prescription Drug Coverage’ Category


Jul

28

2017

Employer Strategies for Managing Prescription Drug Costs | Houston Benefit Advisors

Modern medicines have resulted in longer, more productive lives for many of us. Prescription drugs soothe sore muscles after a strenuous workout or manage the conditions of a chronic disease. Unfortunately, this use of prescriptions drugs can come with a hefty price tag. Americans are spending more money on prescription drugs than ever before and the United States as a nation spends more per capita…

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Medicare Part D: Creditable Coverage Disclosures | Houston Benefit Advisors
Mar

23

2017

Medicare Part D: Creditable Coverage Disclosures | Houston Benefit Advisors

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually: Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the prescription drug plan. Disclose to the Centers for Medicare and…

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