Friday, November 12, 2010

BCBSNC releases letter to assist groups in communicating Part D creditable coverage

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) created an ongoing notification requirement for groups with subscribers or dependents eligible for Medicare, even if the group doesn't offer retiree drug coverage.

It is the employer group's responsibility to provide member notification of their plan's status as creditable or non-creditable under Medicare Part D. It is recommended that groups consult the CMS website for updates.

BCBSNC has created the following Creditable Coverage Communication to assist groups in communicating information to Medicare eligible retirees about the group’s drug coverage and whether it is creditable.

The letter includes:
• General information about the MMA requirements
• A list of BCBSNC standard prescription drug plans and estimates of whether they are creditable, non-creditable or inconclusive
• A list of BCBSNC standard high deductible health plans with integrated prescription drug benefits and estimates of whether they are creditable, non-creditable or inconclusive

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