The Centers for Medicare & Medicaid Services (CMS) has announced a change to the Medicare Part D annual coordinated election period. This change is a result of health care reform and is reflected in recently issued regulations. Although the change applies to plan year 2012, it impacts the notice content and when employers must distribute their notices this fall. In addition to these changes, CMS has also released new 2012 defined standard parameters for the Medicare Part D prescription drug benefit.
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