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The Medicare Part D notice deadline is fast approaching. By October 15, 2024, businesses are required to inform their employees whether their prescription drug coverage is creditable. Failing to meet this deadline can lead to compliance issues and confusion among employees.
Everything You Need to Know About the Medicare Part D Notice Deadline
What is the October 15 Medicare Part D Deadline?
Employers must notify their employees about the status of their prescription drug coverage to ensure it meets Medicare’s standards. This helps employees make informed decisions about their healthcare benefits.
Why Compliance Matters
It’s not just about following the rules—these notices empower your employees to make the best decisions for their healthcare needs, potentially saving them money on prescription drug costs.
Need Help Staying on Track?
Combined HCM offers resources to ensure your business meets the October 15 Medicare Part D deadline with ease.
This video is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Viewers should contact legal counsel for legal advice.
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