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:
- A Model Creditable Coverage Disclosure Notice; and
- A Model Non-Creditable Coverage Disclosure Notice.
These model notices are also available in Spanish on the CMS website.
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.)
If you have any questions regarding the disclosure requirements, please contact Gina Socha with Stellar Benefits Group at 440-893-9882 x 4 or email@example.com.