Medicare Part D disclosure required annually

Medicare Part D disclosure required annually

Bulletin Type: 
Benefit Bulletins

Calendar-year plan deadline is March 1.

Employers who provide prescription drug coverage to Medicare-eligible individuals must disclose each year to the Centers for Medicare & Medicaid Services whether that coverage is “creditable” or “non-creditable.”

This disclosure requirement must be completed online no later than 60 days from the beginning of a plan year. Calendar-year plans must complete the disclosure to CMS by March 1, 2015. Non-calendar-year plan deadlines vary throughout the year.

This online disclosure is separate from the Creditable Coverage notice that must be provided to Medicare-eligible participants by October 15 each year.

Download the CMS online disclosure form

If you have questions, please contact your Bukaty Companies benefits consultant at 913.345.0440.

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