Coronavirus Update | A Note to our Customers
On May 22nd, 2020, Michigan Governor Gretchen Whitmer extended her Stay-at-Home order for the state of Michigan under Executive Order 2020-100, which requires the majority of business in the state of Michigan to temporarily suspend in person operations until at least June 12th, 2020 in order to suppress the spread of novel Coronavirus. Please rest assured that Part D Advisors will remain in operation during this national crisis. PDA staff have been thoroughly trained and our equipment is prepared to operate remotely so that our clients and partners will not see any disruption in their service. If you have any questions or concerns, please do not hesitate to contact your PDA Account Manager directly. We thank you for your patience and understanding during this unprecedented time.
Welcome to Part D Advisors.
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 reviewed more than 2,000 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.
The RDS Industry Leader
Number of RDS Applications Reviewed
Number of RDS Reopening Appeals Submitted
States with PDA Clients
Services
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.
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About Us
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.
Our Process
PDA’s goal is to maximize subsidy for RDS Plan Sponsors, whether we’re working to increase a Plan Sponsor’s monthly cash flow from the Retiree Drug Subsidy 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%.
The RDS Plan Sponsors We Serve.
Labor
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 for their Retiree Drug Subsidy administration needs.
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Corporate
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.
Government
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.
What Our RDS Clients Have to Say.
“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
Royal Oak, Michigan Read More