News & Analysis as of

Disclosure Requirements Centers for Medicare & Medicaid Services (CMS) Inflation Reduction Act (IRA)

Warner Norcross + Judd

Medicare Part D Notices Due Before October 15, 2025: What Employers Need to Know

Employers offering prescription drug coverage must provide an annual notice to Medicare-eligible participants indicating whether their coverage is creditable, meaning it is expected to pay at least as much as the standard...more

Morgan Lewis - ML Benefits

CMS Disclosures Due October 15: Is Your Plan’s Rx Coverage Still Creditable?

The Inflation Reduction Act (IRA) made several changes to Medicare Part D that may impact whether employer-sponsored coverage will be creditable for the 2025 plan year. With open enrollment season about to begin, plan...more

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