Assists with the implementation and management of the Magellan Rx Compliance Program, and Program Integrity Plan. Responsible for the oversight of regulatory and contract compliance activities for the Pharmacy Benefit Manager (PBM) and all functional areas and markets managed by Magellan Rx Management, including regulations issued by the Centers for Medicare and Medicaid Services (CMS), and other state and federal regulations.
Conducts monitoring, auditing and oversight functions for the Pharmacy Benefit Manager (PBM).
Dual accountability and responsibility for monitoring, auditing and oversight functions for all Magellan Rx managed product lines (Medicare, Medicaid, Commercial Exchange) and functional areas.
Assists with the development of the annual Risk Assessment for MRx and Delegated Entities.
Leads Client Audit Support for all PBM and MRx clients.
Provides support for MRx regulatory audits.
Manages Delegation Oversight activities, including monitoring, auditing and corrective actions of First Tier, Downstream and Related Entities (FDRs) and delegated entities for the PBM and all Magellan Rx product lines.
Coordinates activities with Special Investigations Unit (SIU) regarding fraud, waste and abuse.
Attends client meetings to discuss compliance matters.
Partners with operational areas to provide guidance, information, monitoring/auditing requests and results and corrective action oversight and approval.
Other Job Requirements
Responsibilities
Requires bachelor's degree in business or related and 5+ years of compliance related experience.
May consider candidates without the degree with four additional years' experience in compliance in lieu of the degree.
Strong interpersonal, organizational, and project management skills.
Ability to research, obtain, coordinate, and integrate feedback and directions from diverse operational groups and organizations into a written product.
Excellent verbal and written communication skills.
Knowledge of Medicare regulations.
Experience and thorough understanding of Microsoft Office, flow charting and other relevant software systems and applications.
General Job Information
Title
Compliance Manager, MRx
Grade
26
Work Experience - Required
Compliance, Medicare, PBM (Pharmacy Benefit Management)
Work Experience - Preferred
Education - Required
A Combination of Education and Work Experience May Be Considered., Bachelors
Education - Preferred
License and Certifications - Required
License and Certifications - Preferred
Salary Range
Salary Minimum:
$70,715
Salary Maximum:
$113,145
This information reflects the anticipated base salary range for this position based on current national data. Minimums and maximums may vary based on location. Actual pay will be adjusted based on an individual's skills, experience, education, and other job-related factors permitted by law.
This position may be eligible for short-term incentives as well as a comprehensive benefits package. Magellan offers a broad range of health, life, voluntary and other benefits and perks that enhance your physical, mental, emotional and financial wellbeing.
Magellan Health, Inc. is proud to be an Equal Opportunity Employer and a Tobacco-free workplace. EOE/M/F/Vet/Disabled.Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their position; and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures.
Magellan is the employer of choice for hard working people interested in making a difference in the health care industry and in the communities where we work and live. Our strong culture of caring is the common thread in both our business strategy and our work environment. We value professional growth and development, total health and wellness, rewards and recognition as well as employee unity. Magellan is a place where you can thrive.
Magellan is committed to providing equal employment opportunities to employees and applicants for employment without regard to race, color, creed, religion, sex, gender identity and expression, sexual orientation, marital status, age, national origin, ancestry, citizenship, physical or mental disability, disabled veteran or veteran of the Vietnam Era status, or any other factors protected by law.
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