Published in Pharma Law Weekly, August 24th, 2004
Part of the guidance explains how employers that sponsor retiree health programs may qualify for a 28% subsidy of certain prescription drug costs.
Jonathan Nemeth, an actuary and senior vice president with Aon Consulting, is available to comment on and explain the CMS document and its effect on U.S. businesses with respect to:
1) Why the proposed regulations may provide an incentive to employers to maintain retiree prescription drug coverage.
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Source: Pharma Law Weekly (2004-08-24)
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