for Employers and Employees
Medicare Part D Creditability is the determination to find out if your Health Plan's Drug coverage is as good or better than Drug coverage provided under a Medicare Part D Drug card.
Determining if your Plan is Medicare Part D creditable can be tricky:
Sometimes you current Carrier will already have it determined and you can ask them.
Medical plans keep changing, and Medicare Part D has gotten better each year with the closing of the Donut hole.
Typically most High deductible plans used with Health Savings Accounts are not Part D Creditable.
You may have to hire an actuary to determine the creditability of some custom plans.
We can help you in figuring this out.
Here is a link to CMS's ''Simplified Determination'':
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