If you feel like the list of employer reporting requirements continues to grow, you’re not imagining things. Recently, the new kid on the block was the RxDC Report. June 1, 2024 is the deadline for reporting the 2023 RxDC information to CMS.
What is the RxDC Report? RxDC stands for “prescription data collection.” The goals of the report include identifying the drivers of prescription drug and medical cost increases and providing more transparency to consumers when it comes to those costs. Employers and insurance carriers both have a role in filing the report.
In this episode of HR on Mic, Corbin and Barbara provide practical information and guidelines to employers about the RxDC Report.
If you feel like the list of employer reporting requirements continues to grow, you’re not imagining things. Recently, the new kid on the block was the RxDC Report. June 1, 2024 is the deadline for reporting the 2023 RxDC information to CMS.
What is the RxDC Report? RxDC stands for “prescription data collection.” The goals of the report include identifying the drivers of prescription drug and medical cost increases and providing more transparency to consumers when it comes to those costs. Employers and insurance carriers both have a role in filing the report.
In this episode of HR on Mic, Corbin and Barbara provide practical information and guidelines to employers about the RxDC Report.