Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 42 - Public Health |
Chapter IV - Centers for Medicare & Medicaid Services, Department of Health and Human Services |
SubChapter B - Medicare Program |
Part 423 - Voluntary Medicare Prescription Drug Benefit |
Subpart J - Coordination of Part D Plans With Other Prescription Drug Coverage |
§ 423.466 - Timeframes for coordination of benefits and claims adjustments.
Latest version.
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§ 423.466 Timeframes for coordination of benefits and claims adjustments.
(a) Retroactive claims adjustments, underpayment refunds, and overpayment recoveries. Whenever a sponsor receives information that necessitates a retroactive claims adjustment, the sponsor must process the adjustment and issue refunds or recovery notices within 45 days of the sponsor's receipt of complete information regarding claims adjustment.
(b) Coordination of benefits. Part D sponsors must coordinate benefits with SPAPs, other entities providing prescription drug coverage, beneficiaries, and others paying on the beneficiaries' behalf for a period of 3 years from the date on which the prescription for a covered Part D drug was filled.
[75 FR 19819, Apr. 15, 2010, as amended at 80 FR 7964, Feb. 12, 2015]