Why Offering Part D Creditable Coverage Benefits Both Your Employees and Your Business

Including Part D creditable coverage in your employee benefits package isn’t just a nice-to-have — it’s a smart investment. It helps employees avoid costly Medicare penalties, boosts satisfaction and retention, simplifies the Medicare enrollment process, and protects your business from compliance risks. In this post, we break down the key reasons why offering creditable coverage strengthens both your workforce and your company’s overall benefits strategy.

How to Determine If Your Employee’s Prescription Drug Coverage Is Part D Creditable

Determining whether a prescription drug plan is creditable under Medicare Part D can feel overwhelming — but it doesn’t have to be. In this post, we walk you through a simple step-by-step process: from understanding what “creditable coverage” means, to reviewing your plan’s details, using automated tools like our Part D Credibility platform, and notifying employees. With the right approach, you can confidently ensure compliance and protect both your employees and your business from costly penalties.

Understanding Part D Creditable Coverage: A Guide for Employers

Medicare Part D offers important prescription drug coverage, but understanding the concept of "creditable coverage" is essential for both employers and employees. If a plan isn’t creditable, employees could face costly late enrollment penalties when they move to Medicare. In this post, we explain what Part D creditable coverage is, why it’s critical for employers to verify it annually, and how using tools like our Part D Credibility platform can simplify the process and ensure compliance.