Q.- We have a fully insured health plan. Do we still need to distribute a Medicare Part D Notice of Creditable Coverage?
A.- Yes, if you have Medicare-eligible employees or dependents in your workforce. Employers and unions that sponsor group health plans are responsible for distributing the Medicare Part D Notice of Creditable Coverage to Medicare-eligible employees and dependents whether the plan is insured or self-funded.
Benefit Allocation Systems (BAS) provides best-in-class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).
