Is My Drug Coverage Creditable for Medicare Part D?
Your drug coverage is creditable if it is expected to pay, on average, at least as much as Medicare's standard Part D plan. Your plan is required to send you a notice each year telling you whether your coverage is creditable.
Frequently Asked Questions
- How do I know if my plan is creditable?
- Your plan must send you a notice before Medicare Open Enrollment each year stating whether your drug coverage is creditable.
- Is VA drug coverage creditable?
- Yes. VA prescription drug coverage is generally considered creditable coverage for Medicare Part D purposes.
- What if I lost my creditable coverage notice?
- Contact your plan directly and ask for confirmation of whether your coverage is creditable. You can also request a new notice.