|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
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.