Medicare Part D
Medicare Part D - Employer and Labor Organization Options
Beginning Jan. 1, 2006, the Medicare Modernization Act will strengthen employment-based prescription drug coverage
by reducing the cost of providing coverage. The new law will enable employers and labor organizations to continue
providing their Medicare-eligible members with generous drug coverage at reduced cost. At Innoviant, we have been following
the Centers for Medicare and Medicaid Services (CMS) guidelines, to implement this groundbreaking legislation.
Innoviant offers a suite of Medicare Part D services tailored to our plan sponsors' unique
desires to continue providing high-quality prescription drug assistance to their Medicare-eligible members.
We provide assistance with Creditable Coverage Disclosure Notices, the Retiree Drug Subsidy, and coordination
of benefits for Supplemental Coverage.
Our Medicare Part D Employer and Labor Organization services include:
- Data analysis for simplified determination of creditable coverage status
- Creation of Creditable or Non-Creditable Coverage Disclosure Notices
- Electronic distribution or mailing of Creditable or Non-creditable Coverage Disclosure Notices to plan sponsors and members (mail only)
- Actuarial Equivalence Testing through Reden and Anders
- Standard format data files for actuarial analyses
- CMS data submission support-Drug Cost Data File upload and reconciliation
- Subsidy application assistance
- Development, submission and management of eligibility information through Commonwealth Administrators
- Electronic Coordination of Benefits services with Prescription Drug Plans(PDPs and MA-PDs)
- Electronic connectivity with NDC Health (TrOOP Facilitator) to track and report TrOOP
- Paper coordination of benefits and connectivity with NDC Health
To learn more detailed information, see Innoviant's Medicare Part D Updates
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