The Beacon Group of Companies’ Post

Major changes are coming to the Medicare Part D prescription drug benefit program in 2025 due to the Inflation Reduction Act of 2022. Some group health plans may no longer meet Part D creditable coverage requirements. However, CMS will allow the use of the simplified determination tool for 2025. It’s possible that actuarial services may be needed for creditable status determination after 2025. Stay informed and prepared! #MedicarePartD #HealthcareChanges #Medicare #BeaconBenefits #StayInformed

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