The Centers for Medicare and Medicaid Services (CMS) recently announced that the new date of enrollment for Medicare Part D prescribers is now Feb. 1, 2017.
The CMS is still encouraging all of its prescribers to turn in applications for Medicare enrollment or their opt-out affidavits before Aug. 1. Doing so by the beginning of August will allow time for processing the documents.
There are three actions being outlined by the CMS for dentists who are currently prescribing drugs covered by Part D to beneficiaries of Medicare that are over the age of 65, in order for the prescriptions to have Medicare coverage.
The first action is to “Enroll as an ordering/referring provider (use form855O or internet-based PECOS).” The second course of action is “Enroll as a Medicare provider (use form 855I or internet-based PECOS).” The third and final action that can be taken is to “Opt out of Medicare (not recommended — must submit opt-out affidavit and have a signed contract with every Medicare patient).”
The CMS is strongly advising that taking no action is not the correct option if the practices’ patients expect to receive prescribed drugs that are covered by Medicare.