Who must send Notices of Creditable Coverage?
All plan sponsors that provide prescription drug coverage to any Medicare-eligible beneficiary must provide an annual Notice of Creditable Coverage to the Medicare-eligible population in that plan. The only exception is for plan sponsors that provide coverage under a contracted Medicare Part D Plan.
For a full Compliance Overview as well as model creditable coverage notices, the online disclosure form, and more, please click HERE.
You can find more information like this on our Employer Benefit Resource page.
All insurance policies are different. Be sure to review your insurance policy for specific information about coverages available to you. Nothing in this post is meant to suggest a guarantee of coverage.