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Category: Medicare
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Medicare Part D Notices Are Due Before Oct. 15, 2025 | PA Employee Benefits Team
Medicare Part D Disclosure Requirements Every year, sponsors of group health plans must notify both Medicare Part D–eligible individuals and the Centers for Medicare & Medicaid Services (CMS) about whether the plan’s prescription drug coverage is considered creditable (meaning it provides coverage that is at least as good as Medicare Part D). The annual notice must be…
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Medicare Part D Notices Are Due Before Oct. 15, 2023 | Pennsylvania Benefits Partners
Highlights Medicare Part D imposes disclosure requirements on employers with group health plans that provide prescription drug coverage to Medicare-eligible individuals. Plan sponsors must provide the annual Medicare Part D creditable coverage disclosure notices to individuals before Oct. 15, 2023. Model notices are available for employers to use. Each year, Medicare Part D requires group…
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The ABC’s of Medicare | Pennsylvania Benefits Agency
Trying to figure out Medicare can be one of the most frustrating aspects of retirement. Even the savviest of retirees struggle with figuring out when to enroll and which parts to enroll in – there’s Part A, Part B, Part C, Part D, Medigap plans and so on. And, what in the world is a…
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Employer Medicare Part D Notices Are Due Before October 15, 2021 | PA Benefits Team
Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs — either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began offering “Part D” plans —…
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Does Enrolling in Medicare Trigger an Offer of COBRA? | PA Benefits Advisors
Enrolling in Medicare does not cause COBRA to start. Under the federal rules, COBRA must be offered to persons enrolled in the employer’s health plan only if they lose coverage because of certain specific events. Termination of employment is an example of a COBRA qualifying event. Becoming eligible for Medicare, or enrolling in Medicare, is not a…
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4 Things to Consider When Comparing Medicare Plans | Pennsylvania Benefits Partners
Comparing Medicare health and prescription drug plans can be complicated. Keep in mind these 4 things to make your plan choice easier with the Medicare Plan Finder. Total cost for care. It’s important to think about your total out-of-pocket costs, including deductibles, copayments, coinsurance, maximums, and drug costs, that you’ll pay with a Medicare health or drug plan. When you compare…
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Wearable Technology | PA Employee Benefit Advisors
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Don’t lie–we ALL love gadgets. From the obscure (but hilariously reviewed on Amazon) Hutzler 571 Banana Slicer to the latest iteration of the Apple empire. Gadgets and technology can make our lives easier, make processes faster, and even help us get healthier. Businesses are now using the popularity of wearable technology to encourage employee wellness…
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Price Shop Healthcare | PA Employee Benefit Brokers
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in benefits, budgets, Financial Planning, Financial Wellness, health, Health Care, Health Insurance, Health Insurance Providers, Health Savings Account, HRA, HSA, Insurance, Juvenile Life Insurance, Latest News, Medical Savinfgs Accounts, Medical Savings Accounts, Medicare, Pennsylvania, Philadelphia, WellnessAs the costs of health care soar, many consumers are looking for ways to control their medical spending. Also, with the rise of enrollment in high deductible health plans, consumers are paying for more health care out-of-pocket. From medical savings accounts to discount plans for prescriptions, patients are growing increasingly conscious of prices for their…
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CMS Disclosure Requirement for Employer Health Plans | PA Benefit Advisors
Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every year with information about your plan’s drug coverage. You have 60 days from the start of your health plan year to complete the form. For…
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Employer Medicare Part D Notices Are Due Before October 15 | PA Benefit Advisors
Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs—either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began offering “Part D” plans—optional prescription drug…
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