Don’t Forget to Send a Notice About Your HIPAA Notice

Did you know that a notice to your employees telling them that they have a right to receive a HIPAA notice is probably due to be sent out before Thanksgiving? The many HIPAA notice requirements include: A Notice of Privacy Practices sent to all newly …

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Michigan-based RDS Plan Sponsors Now Have Options

If you’re participating in the Retiree Drug Subsidy (RDS) program and have retiree prescription drug plans serviced through Blue Cross Blue Shield of Michigan (BCBSM), you already know that BCBSM is now outsourcing and charging a fee for RDS Program administration and cost reporting services. …

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RDS Reopening Made Easier!

CMS’ RDS Center recently hosted a webinar that provided an overview of RDS program changes. One of the most exciting changes for our firm is that RDS has now simplified the process for requesting a reopening! Below is a summary of this change. What’s New …

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8 Things You Need to Know about GASB 75 & OPEB Liability Reporting

The Governmental Accounting Standards Board (GASB) has released a new accounting standard for OPEB plans. The new standard, GASB 75, will replace GASB 45. Changes will be similar to other recent changes under GASB 67 and GASB 68. In particular, the measurement and reporting standards …

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EGWP Provides an Alternative to Traditional Retiree Drug Subsidy

Retiree health plans are a major expenditure for organizations, and costs can be volatile. In particular, self-funded plans face increasing costs each year—and there is no cap on the potential costs when retirees have serious health issues. A Better Option than RDS? Selecting the right …

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Most Common Reasons to Pursue a Retiree Drug Subsidy (RDS) Reopening

The RDS program, by its very nature, is complex. It requires sufficient resources and analytics to ensure accuracy and efficiency. Each year Reopenings are submitted to the Centers for Medicaid and Medicare Services (CMS). These Reopenings are an opportunity to increase subsidy dollars. Below is …

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RDS Reopening: Our Most Frequently Asked Questions

We get quite a few questions about Retiree Drug Subsidy Reopening.  If you’re unclear about an aspect of it, there’s a very real possibility that your question has been asked before.  We’ve compiled a list of our most frequently asked questions to help clear up …

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