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Prescription Drug Reporting

June 2
  • Group health plans must report on certain prescription drug information to HHS, Labor, and Treasury.
  • Reporting must include information regarding plan coverage and premiums, as well as the
    amount spent, and increase in spend, on various prescription drugs. Total spending on health
    care services is also included. The report must also disclose the impact on premiums of any
    rebates received from drug manufacturers.
  • Rules are still being developed. Employers should work with their carriers or administrative
    services only providers/third party administrators to facilitate reporting.

Details

  • Date: June 2
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