As group health plan sponsors, employers are responsible for ensuring compliance by their vendors (insurers, third-party administrators and pharmacy benefit managers) with the prescription drug data collection (RxDC) reporting requirements. These were added to the Employee Retirement Income Security Act (ERISA) by the Consolidated Appropriations Act of 2021 (CAA). Under ERISA Section 725, enforced by …
Continue reading “Reminder: Dec. 27 Is Deadline for Mandatory Rx Data Reporting”
