The Employer’s Role in Medicare Part D

Medicare Part D, the portion of Medicare which provides prescription drug coverage, places a specific duty on employers who offer prescription drug coverage. The obligation requires employers who provide drug coverage as part of their medical benefits package to inform all Medicare-eligible beneficiaries, including retirees, COBRA recipients, and dependents, as to whether their coverage is considered creditable or non-creditable. In order for coverage to be deemed creditable, it must be at least as good as the standard Medicare Part D prescription benefit…

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