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Disclosure to CMS Form Deadline

                                   

Group health plan sponsors that provide prescription drug coverage to individuals eligible for Medicare Part D must disclose to the Centers for Medicare & Medicaid Services (CMS) whether that coverage is “creditable” or “noncreditable.”

The disclosure obligation applies to all plan sponsors that provide prescription drug coverage, even those that do not offer prescription drug coverage to retirees!

A plan sponsor must submit a new disclosure to CMS no later than 60 days after the beginning of each plan year — i.e., by March 2, 2018 for calendar year plans.

Contact your Preferred Benefits Representative if you have questions or need assistance with this process!

About the Author:Mary Frank

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