SS&C Blog

BLOGS. December 22, 2022

CMS Medicare Rule for 2023: Is Your Beneficiary RTBT Program Ready?

Implementing real-time benefit for beneficiaries will soon be a compliance necessity for Part D health plans. Medicare Part D beneficiaries will have access to real-time drug transparency as part of the new CMS Beneficiary Real Time Benefit Tool (RTBT) rule (§ 423.128)[i]. This rule finalizes regulations requiring Part D plan sponsors to implement a beneficiary real-time benefit tool by January 1, 2023.