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Agencies Issue Interim Final Regs on Prescription Drug and Health Care Spending Data Submission by Group Health Plans and Health Insurance Issuers
The Wagner Law Group [Guidance Overview] Dec. 23, 2021 "While there will be no enforcement action for reports filed on or before December 27, 2022, group health plans will need to use this extra time to revise their service agreements with TPAs and PBMs so that they will be in a position to comply by the extended deadline. They will need to address liability for reporting amongst the parties, ways a plan can review a report prior to submission to confirm its accuracy, and the process for any editing, all to occur prior to extended reporting deadline (and in later years by June 1 of each year)." |
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