In an effort to combat high prescription drug costs, legislators included language in the Consolidated Appropriations Act, 2021, requiring group health plans to submit detailed information about prescription drug pricing and health care spending to the federal government. The submission form is known as the “RxDC report.” The information collected will be used to publish biannual reports on prescription drug costs.
Pinnacle Claims Management and PinnacleRx Solutions (PRxS) recognize that group health plan sponsors likely do not have the types of information required for the RxDC report at their fingertips and will prepare reports for their current clients and file for the periods in which each client was represented by Pinnacle/PRxS.
We’ve attached some answers to frequently asked questions (FAQs) about the RxDC reporting requirement.
Prescription Drug Reporting FAQ
Pinnacle and PRxS are here for you and are committed to helping you meet all federal compliance requirements, including the RxDC report filing. If you have any questions about this or any other requirement, please contact your account manager.