Small group creditable coverage status report
2024 small group creditable coverage status report
2023-2024 small group creditable coverage status report: If your plan year straddles 2023–2024, reference this report. It shows 2023 small group creditable coverage tested against 2024 Medicare
Part D threshold amounts.
2023 small group creditable coverage status report
The CMS website offers general information about Medicare Part D.
Important reminder
Premera no longer sends creditable coverage notices to members on behalf of groups with pharmacy plans prior to the Medicare annual open enrollment period.
Employers will need to send the notifications required by the Medicare Modernization Act (MMA) to their Medicare-eligible employees and dependents. This act requires employers to let their Medicare-eligible employees and dependents know whether the prescription
drug coverage in their employer health plan pays on average as much as the standard Medicare prescription drug coverage.
Additional information is found at the following pages of the Centers for Medicare & Medicaid Services:
Submission of CMS Medicare Part D Disclosure Form
Federal law requires employer groups to notify the Centers for Medicare and Medicaid Services (CMS) if their prescription drug coverage for Medicare beneficiaries is creditable. CMS requires employer groups to submit a creditable coverage disclosure form each year or upon any change that could affect whether the drug coverage offered is creditable.
Individual and Medicare Supplement
We will continue to mail creditable coverage notices, as required under the MMA to individual and Medicare Supplement subscribers.