Contract Year 2016 Part D Formulary Administration Analysis (FAA)
Guidance for: This memorandum informs plan sponsors to make every effort possible to make sure that prescription drug claims are adjudicated in accordance with their approved formulary by performing the enhanced formulary administration analysis (FAA) for
CY 2016.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: September 12, 2016
DISCLAIMER: The contents of this database lack the force and effect of law, except as authorized by law (including Medicare Advantage Rate Announcements and Advance Notices) or as specifically incorporated into a contract. The Department may not cite, use, or rely on any guidance that is not posted on the guidance repository, except to establish historical facts.