|
|||||||||
|
Health plans and Prescription Drug Plans (PDPs) that utilize PBMs to offer Part D are required by CMS to implement compliance programs to ensure that the PBMs accurately administer and process prescription claims. This is no small task, given that on the commercial prescription benefit side, an estimated 3%-10% of all PBM-processed prescription claims have errors. Participating Medicare Part D plans that do not develop and implement a fully functional PBM compliance program run the risk of running afoul of CMS auditors charged with monitoring the program for potential fraud, waste and abuse. Failure to identify and fix PBM-processed claims discrepancies can result in sanctions, stiff financial penalties, and disrupted operations. That’s why Gorman Health Group has teamed up with Axia Strategies and Pharmacy Outcomes Specialists – two of the nation’s most experienced pharmacy claims and drug rebate auditing firms – to offer PACT, our Part D Pharmacy Audit and Compliance Tool, a two-part solution:
|
|||||