HR Notice: Medicare Part D Creditable Coverage Disclosure

Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D whether the health plan’s prescription drug coverage is creditable. This notice is important because Medicare beneficiaries and all Medicare Part D eligible dependents who are not covered by creditable prescription drug coverage and do not enroll in Medicare Part D when first eligible will likely pay higher premiums if they enroll at a later date.

Please review this Medicare Part D Creditable Coverage Disclosure Notice if you are enrolled in Avenu’s health plan’s prescription drug coverage and meet one of the following Medicare Part D eligibility requirements:

  • Entitled to Medicare Part A or is enrolled in Medicare Part B; and
  • Live in the service area of a Medicare Part D plan.

*Please note, as the plan participant you are responsible for providing a copy of the attached disclosure to your Medicare-eligible dependents covered under the group health plan.

For information pertaining to the prescription drug coverage based on your enrollment in Avenu’s medical plans, please visit  https://central.avenuinsights.com/hr-payroll/, under the Benefits section click on Medical to find list of the Avenu medical plans.