As part of the Medicare Modernization Act (MMA), employers and union groups offering prescription drug coverage must disclose to Medicare eligible individuals with prescription drug coverage under their plan, whether the coverage is creditable.
Employers must provide Notice of Creditable Coverage (NOCC) to all Medicare eligible individuals who are covered under the entity’s prescription drug plan. The Centers for Medicare & Medicaid services publish model communication templates that can be found at Model Notice Letters | CMS
- This is mandatory and required no later than October 15, 2024.
- The employer group is required to send the notices to members, not Excellus BlueCross BlueShield.
For additional information you can read last month's Broker News article in our archive.
