Articles | September 29, 2022
The Inflation Reduction Act of 2022, which was signed into law on August 16, 2022, made a number of changes to Medicare Part D.
To help plan sponsors that offer retiree prescription drug coverage stay on top of the changes, we’ve created a handy chart that summarizes them. The chart is organized by year through 2032. In addition to summarizing the changes, it notes the implications for both retirees and plans.
The chart covers the following:
We’ll update the chart as the Centers for Medicare & Medicaid Services issues guidance.
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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.