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|Medicare Part D Actuarial Equivalence Discount for TrOOP|
Mar. 2, 2005
Excerpt: One of the significant changes in the final Medicare Part D regulations ... permits the calculation of employer plan actuarial equivalence to recognize that the value of the standard Part D plan to the individual is reduced by the value of supplemental coverage provided by the employer.... [A]ccording to [CMS] presentations, this reduction in the actuarial value of the Part D benefit calculation is not a theoretical reduction.
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