Employer Medicare Part D Notices Are Due Before October 15 | PA Benefit Advisors

Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs—either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15.Purpose Medicare began offering “Part D” plans—optional prescription drug benefit … Continued

CMS Allows States to Extend Life of “Grandmothered” or Transitional Health Insurance Policies | PA Benefit Consultants

On February 23, 2017, the Department of Health and Human Services’ Centers for Medicare & Medicaid Services (CMS) released its Insurance Standards Bulletin Series, in which it re-extended its transitional policy for non-grandfathered coverage in the small group and individual health insurance markets.States may permit issuers that have renewed policies under the transitional policy continually since … Continued

Medicare Part D: Creditable Coverage Disclosures | PA Benefit Advisors

Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually:Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the prescription … Continued

 

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