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 are notified.
Medicare Part D
Notices must be delivered prior to October 15th.
convenience, we have provided a copy of the Medicare Part D Notice.
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