Compliance InfoBrief: Prescription Drug and Health Care Spending Reporting
Prescription drug and health care spending reporting are here – are you prepared?
Under the Consolidated Appropriations Act, 2021, group health plans and health insurers offering group or individual health insurance coverage must annually submit information about prescription drug and health care spending. Review the recently released Interim Final Regulations, which detail the requirements for Reporting Entities to submit information on prescription drug and health care spending.
Information on the content needed to meet reporting requirements
Upcoming deadlines you need to know
Answers to the most common FAQs
Guidance on where and how to submit data
Failing to achieve compliance can have staggering financial ramifications for employers. Don't get left behind.
Gain peace of mind and ensure your business and people are protected.
Make sure you are well-versed and ready to take the necessary steps to remain compliant by reading OneDigital’s Prescription Drug and Health Care Spending Reporting Cheat Sheet.