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2009 Retiree Drug Subsidy Application Deadline Is Near
Mercer 
July 29, 2008
Excerpt: Retiree medical plan sponsors that want to receive the Medicare Part D retiree drug subsidy (RDS) for the 2009 calendar year should begin the application process now. Calendar-year plans must apply for the 2009 RDS by Oct. 2, 2008 -- 90 days before the start of the plan year for which the subsidy is sought. The RDS requires a new application for each plan year, even if a sponsor previously received the subsidy. Applications that fail to include a new actuarial attestation, signed plan sponsor agreement and list of qualifying covered retirees will be denied.
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