"A Part D sponsor’s [Medicare Part D plan or Medicare Advantage plan that includes prescription drug coverage] transition process is necessary with respect to the transition of:
(1) new enrollees into prescription drug plans following the annual coordinated election period [or AEP];
(2) newly eligible Medicare beneficiaries from other coverage;
(3) enrollees who switch from one [Medicare Part D] plan to another after the start of the contract year;
(4) current enrollees affected by negative formulary changes (as defined in section 30.3.3.1) across contract years; and
(5) enrollees residing in LTC facilities (see section 30.4.6 [Emergency Supply for Current Enrollees])."
"[P]roviding a transition supply is to promote continuity of care and avoid interruptions in drug therapy while a switch to a therapeutically equivalent drug or the completion of an exception request to maintain coverage of an existing drug based on medical necessity reasons can be effectuated."