United Benefit Advisors Insight and Analysis Blog

Medicare Part D: Creditable Coverage Disclosures

Posted by: Danielle Capilla    Mar 7, 2017 9:30:00 AM

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually:

  • Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the prescription drug plan.
  • Disclose to the Centers for Medicare and Medicaid Services (CMS) whether the coverage is "creditable prescription drug coverage."
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Topics: Medicare Part D, Danielle Capilla, health care cost, annual disclosures, prescription drug coverage, creditable coverage notice