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Federal law requires you to notify the Centers for Medicare and Medicaid Services (CMS) if your group prescription drug coverage for Medicare beneficiaries is creditable. Find out more.
For the past 10 years, LifeWise has mailed creditable coverage notices to identified members on behalf of our groups with pharmacy plans prior to the Medicare Annual open enrollment period. Starting this year, we will no longer provide this courtesy mailing.
Employers will need to send the notifications required by the Medicare Modernization Act (MMA) to their Medicare-eligible employees and dependents. This act requires employers to let their Medicare-eligible employees and dependents know whether the prescription drug coverage in their employer health plan pays on average as much as the standard Medicare prescription drug coverage.
Additional information is found at the following pages of the Centers for Medicare & Medicaid Services:
We will continue to mail creditable coverage notices, as required under the MMA to individual and Medicare Supplement subscribers.