PDA prides ourselves on being the Retiree Drug Subsidy industry leader and innovator, always on the look out for new ways to assist our clients with any and all RDS needs. The PDA News and Events page is a great resource for Plan Sponsors to keep up on RDS program changes and developments, new products and services PDA has to offer as well as how to meet PDA at upcoming events.
As a participant in the Retiree Drug Subsidy program, plan sponsors are required to retain any data and documentation submitted to with an RDS application for six years in the case of a CMS audit. One of PDA’s customers was selected for such an audit and with our support and assistance, came through with flying colors. Read about our experience and how you can best prepare for a potential audit here.
Is your group health plan ready to reconcile your RDS application? Get the inside scoop on preparing for a successful reconciliation from PDA’s article in BCBS NLO’s Labor Matter’s newsletter.
By engaging with Part D Advisors in the reopening process, Operating Engineers received more than a million dollars in additional subsidy for their health care plan across just two plan year applications, an increase of 18%! Read about their successful reopenings here.
Both the Employees Retirement System of Texas and the State Wide Schools Cooperative Health Plan in New York State provide prescription drug coverage to their retirees and are saving money by utilizing the financial benefits Retiree Drug Subsidy (RDS) program. Read about their successful reopenings here.
The National Labor Office of the Blue Cross Blue Shield Association has more than 35 plans across the United States. In partnering with PDA, NLO Plan Sponsors are seeing additional subsidy recoveries averaging an increase of 6%-15%. Click here to read more.
Every year, Part D Advisors attends and presents at conferences around the country covering multiple aspects of the healthcare industry, government regulation and plan sponsor obligations. Below is a schedule of upcoming PDA events and links with more information.