Medicare Part D Notification: ANNUAL DISCLOSURE of creditable coverage status to CMS
is required WITHIN 60 DAYS after the first day of the plan year(e.g., March 2 for calendar year plans). The online
disclosure form is located at the CMS website:
https://www.cms.hhs.gov/CreditableCoverage/45_CCDisclosureForm.asp.
Employers offering a prescription drug plan must determine
annually whether their prescription drug plan is considered
"Creditable" or "Non Creditable" coverage. Employers must
send a notice to Medicare eligible
associates by November 15th each year. One way to
meet this requirement is to include it with the open enrollment
mailing. The model language for Medicare Part D notices
has been modified slightly. The electronic delivery
requirements were also significantly relaxed. The model
notices are available on the CMS website at:
http://www.cms.hhs.gov/CreditableCoverage/. The
notices are available in both English and Spanish.
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