Thursday, February 10, 2011

Creditable Coverage Disclosure to CMS

If your plan provides prescription drug coverage, you must provide your Part D eligible employees a notice regarding creditable or non-creditable status of the coverage before the Medicare Part D annual enrollment period.   In addition, you must disclose to CMS whether the prescription drug coverage that is offered to a Medicare Part D eligible individual is creditable or non-creditable no later than 60 days after the beginning of each plan year or March 1, 2011 for calendar years.

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