Immediate Action Required - Medicare Part D
LawFlash/Client Alert
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published on:
10/10/2005
If you provide prescription drug benefits to active employees or retirees, you likely have to comply with certain requirements of Medicare Part D, and there are important dates fast approaching!
Notice - November 15, 2005
Employers that offer prescription drug benefits to active employees, retirees and/or their dependents must provide a Notice of Creditable Coverage or a Notice of Non-Creditable Coverage to all Medicare-eligible individuals prior to November 15, 2005. We recommend that you provide this notice to all active employees and retirees, because you may not know which individuals (employees, retirees and/or their dependents) are eligible for Medicare. The notice will help individuals to determine whether or not to enroll in Medicare Part D's prescription drug benefit beginning on November 15, 2005.
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