X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Employers have until March 1 to notify the Centers for Medicare and Medicaid Services whether their drug plan is creditable or noncreditable. (Photo: Shutterstock)

Employers who provide prescription drug coverage to workers, dependents or retirees age 65 or older—those who are eligible for Medicare Part D—should be ready for March 1. That’s the day by which calendar-year plans must disclose to the Centers for Medicare and Medicaid Services whether their drug plan is “creditable” — at least as good as Medicare Part D’s prescription drug benefit — or “noncreditable” — not as good.

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.