Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare & Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. The annual disclosure notice must be sent before Oct. 15, 2025. Failure to provide timely notice may result in higher premiums for affected employees. In this bulletin, we cover the steps employers should take and provide key information, including details on creditable coverage, model notices, timing of notices, delivery methodology, and more.
Download the full bulletin to learn more.
