Creditable Coverage

The Medicare Modernization Act (MMA) requires entities (whose policies include prescription drug coverage) to notify Medicare-eligible policyholders whether their prescription drug coverage is creditable coverage, which means that the coverage is expected to pay on average as much as the standard Medicare prescription drug coverage. 

The 2018 Notice of Creditable Coverage, as required by CMS, was mailed in early October to group leaders.  

Employers are required to provide this annual notice to their employees by Oct. 15.

View CMS model notice letters

If you have any questions, please contact your insurance agent or your BCBSNE sales and account management team.