TAX FREE BENEFITS 
Retiree Drug Subsidy
Our organization has experience and expertise with the administration of the Medicare Part D Prescription Drug Subsidy. We will assist the plan sponsor in obtaining the Subsidy from beginning to end.
This could help offset the prescription drug costs for your Medicare Eligible Retirees by 28%. Solidarity recovered over 13 MILLION in Subsidy Dollars since its inception. This subsidy money is TAX FREE and can be spent with no restrictions!
Solidarity’s fee is based on a percentage of the monies received in Subsidy dollars…no cost to the plan.
Solidarity’s Scope of Services – Retiree Drug Subsidy
- Complete initial application and renewal steps
- PBM/Vendor Coordination
- Account Manager functions
- Actuarial attestation
- Payment Set-Up and Verification forms
- Credible coverage notices (CCN)
- CMS annual disclosure requirements for CNN
- Management of claims and Eligibility files
- Drug filter processing
- Cost reporter functions
- Payment requester functions
- Monitor EFT transactions
- Identification of Medicare eligible individuals
- Member file uploads and updates
- Research for missing member data and rejections
- Work with RDS call center for problem resolution
- File extensions and/or appeals as needed
- Gathering of rebate and price concessions data
- Complete annual reconciliation – 12 steps
- Consult for audits (if required)
- Provide record retentions for 6 years
- Monitor of RDS requirements and announcements
- Consultation of plan design for maximizing revenue
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