Individuals who are entitled to benefits under Medicare
Part A and/or are enrolled in Part B are eligible for Part D,
Medicare's prescription drug coverage.
The Medicare Modernization Act (MMA) requires
employers whose policies include prescription drug coverage to
notify Medicare eligible policyholders if their prescription drug
coverage is creditable coverage. Creditable coverage means the
coverage is expected to pay on average as much as standard
Medicare prescription drug coverage.
Notice must be provided to all Medicare Part D individuals
enrolled, or seeking to enroll, in your plan, including spouses
and dependents. Due to the fact that employers may not know which
individuals are Part D eligible, many
employers distribute the notice to all individuals eligible to
enroll in the plan to ensure that all Part D eligible individuals
Medicare Part D
Notices must be delivered prior to October 15th.
convenience, we have provided a copy of the Medicare Part D
here to download the notice for distribution. You will need
to pre-fill your contact and company information on the second
page of the notice.
Annual Coordinated Enrollment Period (ACEP) is
through December 7th.
Should you have any questions, please contact a
member of your BCH Benefits Team for assistance.
For more information visit:
Chapman, Holland & Associates, Inc.
10055 West Gulf Bank Road
Houston, TX 77040