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Stoudt Advisors
October, 2011 

Creditable Coverage Disclosures Due

Employers who sponsor a group health plan with prescription drug benefits are required to notify their Medicare-eligible participants and beneficiaries whether the prescription drug coverage offered under their plan constitutes "creditable" or "non-creditable. This annual notice must be distributed before October 15, 2011.

The notice should be sent to all Part-D eligible participants, which includes active employees, COBRA qualified beneficiaries, retirees, spouses and other dependents of the employee covered by the plan.

Revised model notices can be found on the CMS website.


This information is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice.

Information contained in this FOCUS is accurate as of the date of this publication. We will continue to provide you with updates as they become available.

 

Please call for assistance:

StoudtAdvisors client staff...

Dan Day,
         581-6155
Scott Labrecque,
         581-6165
Cindy Patton,
        581-6152
Kathy Holben,
         581-6162
Marilyn Gehringer,
         581-6166
Deb Haldeman,
         581-6168
Judy Kachel,
         581-6169
Connie Keares,
         581-6160
Rebecca McClure,
         581-6164
Shannon Clark,
         824-8371

 
 

 
 
 
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280 Granite Run Drive, Suite 250 • Lancaster, PA • 17601