At a minimum, the CMS creditable coverage disclosure notice must be provided at the following times: Within 60 days after the beginning date of the plan year for which the entity is providing the form; Within 30 days after the termination of the prescription drug plan; and.

Are notices of creditable coverage still required?

A: You must provide a creditable coverage notice to all Medicare eligible individuals who are covered under, or apply for, your prescription drug plan. This requirement applies to active Medicare beneficiaries and those who are retired, as well as Medicare-eligible spouses who are covered as actives or retirees.

What is a creditable coverage disclosure notice?

You'll get this notice each year if you have drug coverage from an employer/union or other group health plan. This notice will let you know whether or not your drug coverage is “creditable.”