The value of PDA’s Ongoing and Reopening Retiree Drug Subsidy services (also known as RDS services) for plan sponsors is second to none. After a decade in business, the quality of PDA’s work and the financial benefit enjoyed by our clients has made us the established leader in RDS program administration marketplace. Our unparalleled expertise and industry relations arm PDA’s expert team with the knowledge and skills to handle every aspect of the Retiree Drug Subsidy program in a manner that is understandable, efficient and profitable for our clients. Our dedicated Account Managers and Business Analysts provide comprehensive, beginning-to-end Retiree Drug Subsidy Services for both Ongoing and Reopening Retiree Drug Subsidy applications. More information on maximizing past or future subsidy payments can be found under our Retiree Drug Subsidy Services options below.
The Retiree Drug Subsidy program is incredibly complex and time consuming for many Plan Sponsors; downloading and reviewing weekly notification files, submitting interim payment requests, and completing final reconciliation for an application all take up valuable resources most groups can use more effectively in other aspects of their business. PDA’s Ongoing RDS Services are second to none and cover every aspect of the program so you can get back to business.
The CMS allows for Plan Sponsors to “go back” and review filings for additional subsidy and compliance issues up to four years after the original final reconciliation. This means that Plan Sponsors can appeal to reopen up to four previously reconciled plan years, provided they meet the requirements for reconsideration. PDA’s reopening process is the RDS services industry gold standard, finding and collection more subsidy dollars than anyone else in the market.