Announcements
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New RDS Welcome Kit Vendor Resources and Common Questions CMS' RDS Center has updated the RDS Welcome Kit with two new Vendor-related resources. Additionally, new questions and answers have been added to the Appealing an Initial Determination section of the Common Questions. |
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CMS' RDS Center Help Line Telephone Support Discontinued Telephone support through CMS' RDS Center Help Line has been discontinued. |
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Cost Threshold and Cost Limit Amounts for Plan Years Ending in 2016, and the Parameters for Medicare Part D Plans in 2016 On Monday, April 6, 2015 the Centers for Medicare & Medicaid Services (CMS) announced the Cost Threshold and Cost Limit amounts that apply to Plan Sponsors participating in CMS' Retiree Drug Subsidy (RDS) Program, with qualified prescription drug years that end in 2015, as well as the parameters for Medicare Part D plans in 2016. |
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Coming Soon – Removal of Authorized Representative Verification Requirement Currently, as a condition of requesting Retiree Drug Subsidy (RDS) payments, Plan Sponsors are required to submit an Authorized Representative Verification form to the Centers for Medicare & Medicaid Services' (CMS') RDS Center acknowledging that the Authorized Representative listed on the application has the legal authority to bind the Plan Sponsor to the terms of the Plan Sponsor Agreement. |
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RDS User Guide Updated - Avoid an Overpayment at Reconciliation CMS' RDS Center has added a new Avoid an Overpayment at Reconciliation section to the RDS User Guide. |
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Maintain Active User Accounts to Receive Payment CMS' RDS Center will not make payments to a Plan Sponsor if the Authorized Representative or Account Manager has an inactive RDS Secure Website user account. |
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Prepare Now - Medicare Part D Open Enrollment Period (OEP) is Approaching The Medicare Part D Open Enrollment Period (October 15 - December 7) is quickly approaching. OEP can have a significant impact on your ability to receive subsidy for a covered retiree. |
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Authorized Representative Verification Requirement Removed Previously, in order to receive Retiree Drug Subsidy (RDS) payment, Plan Sponsors were required to submit an Authorized Representative Verification Form to the Centers for Medicare & Medicaid Services (CMS) to verify that the Authorized Representative listed on the application has the legal authority to bind the Plan Sponsor to the terms of the Plan Sponsor Agreement. |
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Meet Your 2016 Application Deadline: Tips for Success September and October are the busiest months for RDS Plan Sponsors preparing their annual applications. |
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New RDS Common Questions Category: Top Plan Sponsor Questions CMS' RDS Center has added a list of Top Plan Sponsor Questions to the Common Questions section of the RDS Program Website. |