Plan sponsors reminded to process notification info.(LEGAL PULSE)

The Centers for Medicare & Medicaid Services' (CMS) has issued a reminder to plan sponsors about the importance of processing notification information. CMS notifies the Retiree Drug Subsidy (RDS) Center when there is an event (e.g., change in Medicare entitlement, death of the retiree, enrollment in Medicare Part D) that may impact a plan sponsor's ability to receive subsidy for a retiree. These notifications must be processed by plan sponsors in a timely manner to ensure …