In order for Medicare Part D eligible individuals to make informed and timely enrollment decisions, group health plan sponsors must disclose the status (creditable or non-creditable) of the plan’s prescription drug coverage. If an individual’s enrollment in Part D is to be considered timely, the individual must enroll before the end of his or her Initial Enrollment Period.
The Initial Enrollment Period for Part D is concurrent with the individual’s Initial Enrollment Period for Medicare Part B. The Initial Enrollment Period is seven months long. It includes the month in which an individual first meets the eligibility requirements for Medicare Parts A & B, as well as the three months before and after the month of first eligibility.
After the Initial Enrollment Period, the individual may only enroll in a Part D plan during the Annual Coordinated Election Period. The Annual Coordinated Election Period begins on Oct. 15 and goes through Dec. 7 of each year. Read More»
Notice to Power Kunkle Clients
Annually Power Kunkle issues Custom/Distribution-Ready Medicare D Disclosure Notices to our clients. Within the upcoming weeks you will receive an email that will contain a disclosure notice customized with your company information and creditability status. If you do not receive this notice by October 1st please contact your Client Relations Manager or call 610-685-1790