Notices Due to Medicare-Eligible Individuals
Employers who sponsor group health plans that offer prescription drug coverage to Medicare-eligible individuals are reminded that they must provide a Medicare Part D Creditable or Non-Creditable Coverage Notice to those individuals by October 15. This notice serves to inform Medicare-eligible individuals whether the prescription drug coverage offered is “creditable,” meaning it is expected to pay, on average, as much as the standard Medicare prescription drug coverage.
For more information on this notice requirement, including links to downloadable model notices, click here.
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