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Does the employer have to send a Non-Creditable Coverage notification if their pharmacy plan is deemed not creditable?

April 26, 2017coverage Creditable deemed employer non-creditable NOTIFICATION pharmacy Plan send

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Does the employer have to send a Non-Creditable Coverage notification if their pharmacy plan is deemed not creditable?

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The regulation requires all employer plans that offer pharmacy coverage to Medicare eligible individuals as active employees, retirees, spouses or dependents to disclose to their Medicare affected members and CMS whether their prescription drug coverage is creditable or non-creditable.