One of the requirements of the Medicare Modernization Act (MMA) requires us to notify Medicare eligible policyholders whether their prescription drug coverage is creditable coverage.
In order for a drug plan to be creditable, the benefits should be worth at least as much as the Part D defined standard benefit for 2019.
For Medicare eligibles, having a creditable plan is required in order to avoid paying a penalty if they should sign up for Part D coverage at a later date.
The attached grid indicates whether a prescription drug benefit is creditable under Medicare Part D during 2019.
Review the Creditable Drug List (XLSX) – NOTE: This file is an Excel Spreadsheet
