March 1, 2023 is the deadline for sponsors of calendar year plans to complete an online disclosure form with Centers for Medicare & Medicaid Services (CMS), indicating whether the plan’s … Continued
In 2003, the Medicare Modernization Act (MMA) was signed into law. Under the MMA, plan sponsors (generally employers) of group health plans providing prescription drug coverage must provide a notice … Continued
The deadline to complete the Medicare Part D disclosure for employers who offer group Medical and Prescription drug coverage to their employees was February 29. The Medicare Part D online … Continued
Each year, sponsors of group health plans are required to indicate to the Centers for Medicare & Medicaid Services (CMS) whether their plan’s prescription drug coverage is creditable or non-creditable. … Continued
This “Compliance Bulletin” outlines methods for determining whether a group health plan’s prescription drug coverage is considered creditable. The coverage creditability must be reported to individuals eligible for Medicare Part … Continued
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or … Continued