CMS Finalizes Two Significant Medicare Part D Creditable Coverage Changes for 2027
National Employee Benefits Practice
Summary: On April 2, 2026, the Centers for Medicare and Medicaid Services (CMS), the federal agency governing Medicare, released a final rule for plan years beginning in calendar year 2027 impacting the Medicare Part D prescription drug benefit program (“final rule”). Click here for a CMS fact sheet summarizing the final rule. Employers sponsoring group health plans should pay attention to two specific provisions within the final rule, outlined below: Excluding account-based plans from the Notic