Medicare Part D Notice

This notice only applies if you are enrolled in The College’s health plan and are Medicare eligible or have a spouse/dependent that is Medicare eligible.
 
October 11, 2022
 
Medicare Part D Drug Plan
 
Dear College of Wooster Health plan participant:
 
This communication along with the linked Notice of Creditable Coverage is to inform you that The College of Wooster’s Prescription Drug plan does qualify as creditable coverage.  This means you do not have to purchase one of the Medicare Part D Prescription Drug Plans to protect yourself against the late enrollment penalty if you are or your dependent is:
 
Over 65 and eligible for Medicare
Disabled and eligible for Medicare
Have/has end stage renal disease and is eligible for Medicare
You are on COBRA and eligible for Medicare, or
If you enter one of the active categories in the near future
 
As an example, if you retire at age 70 and then purchase your Medicare Part D Drug Plan, you will not pay the late enrollment penalty because our Group Drug Plan meets the creditable coverage requirement.
 
Please download a copy of the Notice of Creditable Coverage to keep with your files.  You will be required to provide proof of your creditable coverage if you choose to purchase a Medicare Part D Drug Plan in the future.  This notice and the above linked Notice of Creditable Coverage means that you do not have to do anything at this time with regard to the Medicare Part D Drug Plan.
 
In addition to the sources mentioned in the attached notice, you can find further detailed information about the Medicare Part D Drug Plan by visiting the Medicare website at: http://www.medicare.gov.