CMS Releases Retiree Plan Drug Subsidy Guidance
Client Alert | less than 1 min read | 06.08.05
On Friday, June 3, 2005, the Centers for Medicare & Medicaid Services (CMS) published for public review and comment a proposed Retiree Drug Subsidy Application and Instructions.
On June 1, 2005 CMS launched the Retiree Drug Subsidy (RDS) Center web site, with information for employer and union plan sponsors and others seeking information about the retiree drug subsidy program created pursuant to the Medicare Modernization Act (MMA).
Information about the RDS Center's first two national outreach events - a RDS Customer Conference Call on Wednesday, June 15, 2005 at 3:00pm EDT, and a RDS National Conference on July 12 & 13, 2005 in Dallas, TX – is available on the RDS Center web site.
Insights
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Federal Roundup: Updates for PBMs and Medicare Advantage Organizations
In June 2026, federal regulators and lawmakers continued their efforts to improve drug affordability through targeted reforms. These recent developments will primarily impact pharmaceutical manufacturers, managed care organizations, and pharmacy benefit managers (PBM) serving Medicare Part D program members. PBMs, Medicare Advantage organizations, and Part D sponsors should monitor these changes in the interest of maintaining compliance and providing input on regulatory proposals that may influence their business operations or compensation structures in the future.
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