[Code of Federal Regulations] [Title 42, Volume 2] [Revised as of October 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 42CFR423.894] [Page 1185-1186] TITLE 42--PUBLIC HEALTH CHAPTER IV--CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES PART 423_VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT--Table of Contents Subpart R_Payments to Sponsors of Retiree Prescription Drug Plans Sec. 423.894 Construction. Nothing in this part must be interpreted as prohibiting or restricting: (a) A Part D eligible individual who is covered under employment- based retiree health coverage, including a qualified retiree prescription drug plan, from enrolling in a Part D plan; (b) A sponsor or other person from paying all or any part of the monthly beneficiary premium (as defined in Sec. 423.286) for a Part D plan on behalf of a retiree (or his or her spouse or dependents); [[Page 1186]] (c) A sponsor from providing coverage to Part D eligible individuals under employment-based retiree health coverage that is-- (1) Supplemental to the benefits provided under a Part D plan; or (2) Of higher actuarial value than the actuarial value of standard prescription drug coverage (as defined in Sec. 423.104(d)); or (d) Sponsors from providing for flexibility in the benefit design and pharmacy network for their qualified retiree prescription drug coverage, without regard to the requirements applicable to Part D plans under Sec. 423.104, as long as the requirements under Sec. 423.884 are met.