The annual Creditable Coverage determination and disclosure deadline is Oct. 15 for your clients offering a prescription drug plan to Medicare-eligible individuals. This information is essential to an individual’s decision whether to enroll in a Medicare Part D prescription drug plan. Insurance carriers are often helpful in determining whether an Rx plan is creditable, but not so in providing notice to affected individuals – that is the employer’s responsibility. Although brokers and agents are not responsible for determining creditability and furnishing notice, their clients may expect to be apprised of their responsibility by their professional advisers. More information is available here. Here is a link to a model Creditable Coverage Disclosure Notice.