Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Atlantic Pension Services Inc
Nova 401(k) Associates
The Retirement Plan Company (TRPC)/an ABG firm
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|CMS Announces 2022 Medicare Part D Benefit Parameters Used for Creditable Coverage Disclosures|
Thomson Reuters / EBIA
Jan. 29, 2021
"CMS has released the following 2022 parameters for the defined standard Medicare Part D prescription drug benefit:  Deductible: $480 (up from $445 in 2021);  Initial coverage limit: $4,430 (up from $4,130 in 2021);  Out-of-pocket threshold: $7,050 (up from $6,550 in 2021)... These parameters will be used by group health plan sponsors to determine whether their plans' prescription drug coverage is creditable for 2022."
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