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CMS Releases 2023 Medicare Part D Benefit Parameters
Buck
[Guidance Overview] Apr. 20, 2022 "Increases in the standard benefit parameters range from approximately 5.0% to 5.2%. Plan sponsors that want to confirm that their prescription drug coverage is creditable or want to remain qualified for the employer retiree drug subsidy will have to determine if their 2023 prescription drug coverage is at least actuarially equivalent to the standard Medicare Part D coverage." |
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