Your Responsibility: Medicare Part D Notification and Disclosure to CMS
The Centers for Medicare & Medicaid Services (CMS) require employers to notify their Medicare-eligible employees and dependents if their plan’s prescription drug coverage pays, on average, as much as the standard Medicare prescription drug coverage.
Federal law also requires employer groups to notify CMS if their prescription drug coverage for Medicare beneficiaries is creditable. CMS requires employer groups to submit a Creditable Coverage Disclosure form each year or whenever any change is made that could affect creditable drug coverage.
Creditable coverage reports
The following creditable coverage status reports show 2023 health plans when compared to Medicare Part D 2024 threshold amounts. Creditable coverage status means that the health plan’s prescription drug coverage, on average, pays the same as standard Medicare prescription drug coverage.
- For businesses with 1–50 employees with a small group plan:
2025-2026 Small Group Creditable Coverage Status Report - For businesses with 51+ employees on a Preferred Choice plan:
2025-2026 Preferred Choice Creditable Coverage Status Report
More information
To learn more about Medicare Part D notification and disclosure to CMS requirements, visit cms.gov: