Part D Advisors (PDA) was founded in early 2005 after the launch of the Retiree Drug Subsidy program. Our Board of Directors, four longstanding experts in the fields of data management, pharmacy benefits, healthcare consulting and federal health regulations, were seeking to use their industry knowledge and relations to assist Plan Sponsors with expertly navigating all aspects of Medicare’s Retiree Drug Subsidy Program from beginning to end. As the nation’s first Retiree Drug Subsidy Specialty vendor, PDA crafted both a unique process and propriety software in direct alignment with the RDS program requirements that we are constantly improving to ensure a smooth and successful Retiree Drug Subsidy (reopening or otherwise) application from start to finish.
Today, PDA is the Retiree Drug Subsidy program industry leader, RDS experts boasting an experienced team of Retiree Drug Subsidy Specialists. Our Account Managers and Business Analysts have made it their sole mission to make the Retiree Drug Subsidy program understandable, efficient and profitable for our clients. Let PDA’s RDS experts provide all the necessary services for your retiree health plan and relieve you of the burden of coordinating multiple service providers and the risk of miscommunications, incompatibility, and other headaches.
PDA’s process is the gold standard in RDS administration; combining expert claims aggregation, one-of-a-kind claim matching algorithms with software built specifically to maximize member eligibility and our proprietary prescription drug filter. These tools were developed solely for the RDS program and have allowed PDA to increase the subsidy value for our clients on average between 8%-15%, while providing our clients peace of mind that not a dime was left on the table. Additionally, PDA’s services are completely risk-free, which means we aren’t paid if our clients aren’t paid, a testament to our confidence in our process.
Last, but certainly not least, PDA stores all client data used in the Retiree Drug Subsidy application process for the CMS required 6 year term in case of a CMS audit. This data is stored in an auditable format and is backed by PDA audit support, so Plan Sponsors can rest assured they aren’t on their own if the CMS comes knocking.
Part D Advisors was founded with the sole purpose of using our industry expertise and relations to expertly navigate all aspects of Medicare’s RDS Program from beginning to end. Today PDA’s team of RDS experts consists of twenty employees; Account Managers, Business Analysts, and Executive Officers focused on simplifying and streaming the Retiree Drug Subsidy program for our clients.