Annual Medicare Part D Notices Are Due by Oct. 14, 2015

Group health plan sponsors must provide the annual Medicare Part D creditable coverage disclosure notices to Medicare-eligible individuals before Oct. 15, 2015—the start date of the annual enrollment period for Medicare Part D. This Compliance Bulletin summarizes the requirement to provide Medicare Part D notices, including the upcoming deadline, the availability of model notices and permissible ways to deliver the notices.

The Centers for Medicare & Medicaid Services (CMS) has provided two model notices for employers to use:

These model notices are also available in Spanish on the CMS website.

PLEASE NOTE:

Employers are also required to provide a disclosure of creditable coverage status to CMS on an annual basis.  Below is the link to the CMS Disclosure Form, which can be completed online.  (It is a very simple process.)

https://www.cms.gov/CreditableCoverage/45_CCDisclosureForm.asp

If you have any questions regarding the disclosure requirements, please contact Gina Socha with Stellar Benefits Group at 440-893-9882 x 4 or gina@stellarinsurance.com.

Medicare Part D Creditable Coverage Disclosure Notices Due by Oct 14