Skip to main content
ACA Updates / OBAMACREEmployee Benefit PlansGroup HealthMedicareMiscellaneous

If you Offer Employee Benefits – You Must Comply with IMPORTANT requirements

By February 9, 2022May 20th, 2025No Comments
Each year, employers providing Employer Sponsored Health Plans, that provide prescription drug coverage must disclose to the Centers for Medicare & Medicaid Services (CMS) whether that coverage is creditable.

Employers must complete an online disclosure with CMS within 60 days after the beginning of the plan year, or March 1, 2022, for calendar year plans.   If you have not already, please complete the disclosure before March 1st to remain compliant.  CLICK HERE FOR THE LEGAL REMINDER

To review the requirement – CLICK HERE

Instructions are available – CLICK HERE

To download the Disclosure – CLICK HERE

If you have any questions, and need help with compliance, call me or our team at 800-362-2809.

Mike Alexander, Jr.