• Deadline Looms for Medicare Part D Notices of Creditable Coverage
  • September 22, 2005
  • Law Firm: Dechert LLP - Office
  • Any employer providing prescription drug coverage to Medicare-eligible beneficiaries (retirees and employees) must provide such beneficiaries "Notices of Creditable Coverage" before November 15, 2005, regardless of whether the employer seeks the 28% subsidy from the government. Employers seeking subsidies must hire actuaries to assist in preparation of Notices of Creditable Coverage, and all employers providing prescription drug coverage to Medicare-eligible individuals must gear up now in order to meet the November 15 deadline.