** Please see Suspension of Sequestration for the Retiree Drug Subsidy Program Extended Through December 2021 for important updates on Mandatory Payment Reduction contained in H.R.1868 – “To prevent across-the-board direct spending cuts, and for other purposes.” ** - April 29, 2021
Please see Extension to the Suspension of Sequestration for the Retiree Drug Subsidy Program for important CARES Act and Consolidated Appropriations Act updates on Mandatory Payment Reduction. - December 30, 2020
Mandatory Payment Reduction in CMS' Retiree Drug Subsidy Reconciliation Payments (pdf, 232KB) - This document provides information regarding the mandatory payment reduction. - April 19, 2014