Prescription Drug Reporting Requirements in
The Consolidated Appropriations Act of 2023
The Consolidated Appropriations Act requires employers who sponsor health plans to report certain information regarding prescription drug benefits to the Secretary of Health and Human Services. If you’re a self-funded employer, the FH Insurance team can help you navigate these complicated requirements. This reporting requirement is intended to increase transparency in prescription drug pricing and to provide data to support negotiations between health plans and pharmaceutical manufacturers.
Prescription Drug Reporting Requirements
in the consolidated appropriations act of 2023
Meet with an FH Insurance Compliance Expert
We know compliance can be complicated. Our team of experts is here to provide you and your employees with support regarding this confusing act. To learn how the FH Insurance Total Benefits Success Team can help you make sure you are compliant, click below to schedule a free consultation.