MacCorkle Insurance Service
the Current:  Legislative Brief Series

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MacCorkle Insurance Service is pleased to provide you with this update - we hope you find the presented topic both interesting and informative.  Please look for future editions providing the HR professional with compliance and legislative briefs throughout the year.

 

Medicare Prescription Drug Program - Final Regulations Released

 

On April 15, 2011, the Centers for Medicare & Medicaid Services (CMS) released final regulations for Medicare Part D prescription drug plans and Medicare Advantage plans that include prescription drug coverage. The regulations implement changes made to the Medicare prescription drug program by the Patient Protection and Affordable Care Act (PPACA), the Capitol Buildinghealth care reform bill that was passed in March 2010.

 

The regulations also make other changes to the Medicare prescription drug program based on CMS's experience in administering the program since its inception in 2006. With a few exceptions, the regulations become effective on June 6, 2011. 

 

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Should you have any questions, or wish to discuss any of these topics, please contact your MacCorkle Team member.

 

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