Employers' ICHRA plans get Medicare drug coverage notice exemption

By Allison Bell

News April 03, 2026 at 12:20 PM

Share & Print

What You Need To Know

The creditable coverage notices show whether workers have solid drug coverage.
Workers who retire use the notices to avoid Medicare prescription drug plan late-enrollment penalties.
For cash-for-coverage plan users, the notices will come from the insurers, not the employers.

More From HR Executive

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.