Part D Advisors (PDA) is the nation’s most experienced Retiree Drug Subsidy (RDS) administrator for both the ongoing and reopening processes and the only vendor providing AICPA SOC certified RDS support services. Since our founding in 2005, we have processed more than 1,800 RDS applications for more than 300 plan sponsors who have collected over $1,300,000,000 in Retiree Drug Subsidies. The Retiree Drug Subsidy program (also known as Medicare Part D or Medicare Part D Subsidy) can be incredibly complex and time consuming for some plan sponsors to manage. However, as the RDS industry’s innovator and leader, PDA handles every aspect of both ongoing and reopening RDS processes to help plan sponsors meet all RDS requirements and maximize their subsidy potential. Our unique approach and proprietary tools reduces effort for plan sponsors and their consultants’ allowing them to focus on other areas of their business.
It has come to our attention that many plan sponsors participating in the Retiree Drug Subsidy (RDS) program may have recently received information (by mail and by phone) from another firm regarding the RDS reopening appeals process. The information being mailed is misleading, inaccurate, and potentially dangerous for RDS plan sponsors. The communications have, in some cases, been mistaken to represent CMS and imply mandatory obligations from the group. Two examples of these letters that were sent to Part D Advisors from a concerned third party can be found below. They have been redacted to protect the client’s privacy and have been edited for accuracy to demonstrate just how misleading they truly are.
Whether filing a reopening appeal or ongoing application, the Retiree Drug Subsidy (RDS) program is complex, time-consuming, and constantly changing. By hiring PDA, Plan Sponsors can rest assured that our unmatched approach and custom built tools will maximize subsidy payments and minimize the burden of RDS program requirements.Learn More
As the first Retiree Drug Subsidy firm in the nation, PDA is the most experienced RDS vendor in the industry. Our one-of-a-kind process and proprietary software were designed in direct alignment with the RDS program requirements, meaning we set the standard in subsidy recovery services for Plan Sponsors. With over a decade of experience, PDA is the best choice for Retiree Drug Subsidy services for you and your group health plan.Learn More
PDA’s goal is to maximize the RDS for Plan Sponsors, whether we’re working to increase a Plan Sponsor’s monthly cash flow from the RDS program or investigating previous plan years to recover additional subsidy dollars. Our proprietary, custom software focuses on three primary areas and typically, our unmatched approach increases a Plan Sponsor’s subsidy between 8% and 15%.Learn More
Since our founding in 2005, PDA has worked extensively with unions and Taft-Hartley funds alike to help them honor the promise made to their retirees. No matter how different unions may be in location or specialty, they all want the best for their retirees, which is why they hire PDA.Learn More
PDA knows how important it is for businesses to maximize their subsidy payments in order to continue to provide quality benefits for their employees and retirees alike. This money goes a long way in keeping costs down for both employer and employee; ensuring retirees are able to continue receiving the benefits they’ve earned.Learn More
PDA has worked with all types of governmental organizations, from State Employee Retirement Systems to Road Commissions and Utility Boards ranging in size from a few hundred members to hundreds of thousands. Just like our municipal clients, PDA is dedicated to providing the greatest value for their citizens and retirees.Learn More
“Part D Advisors had dramatically reduced the amount of time I spend on Medicare claims and reimbursements. Part D Advisors has eliminated all concerns regarding the constant reporting and filing changes and they keep us and our clients 100% compliant. They communicate very well and are more of a partner with us than a service provider.”Loretta Mccormick – Benepro