CREDITABLE COVERAGE DISCLOSURE NOTICE
Important Notice from The BEST Health Plan/Colorado Springs School District 11
About Your Prescription Drug Coverage and Medicare
Please read this notice carefully and keep it where you can find it. This notice has information
about your current prescription drug coverage with Colorado Springs School District 11 (CSSD
11) and prescription drug coverage available for people with Medicare. It also explains the
options you have under Medicare prescription drug coverage and can help you decide whether or
not you want to enroll. At the end of this notice is information about where you can get help to
make decisions about your prescription drug coverage.
1. Medicare prescription drug coverage became available in 2006 to everyone with
Medicare through Medicare prescription drug plans and Medicare Advantage Plans
that offer prescription drug coverage. All Medicare prescription drug plans provide at
least a standard level of coverage set by Medicare. Some plans may also offer more
coverage for a higher monthly premium.
2. CSSD 11 has determined that the prescription drug coverage offered by CSSD 11 is,
on average for all plan participants, expected to pay out as much as the standard
Medicare prescription drug coverage will pay and is considered Creditable Coverage.
3. Read this notice carefully – it explains the options you have under Medicare
prescription drug coverage, and can help you decide whether or not you want to enroll.
Because your existing coverage is on average at least as good as standard Medicare
prescription drug coverage, you can keep this coverage and not pay extra if you later
decide to enroll in Medicare prescription drug coverage.
Individuals can enroll in a Medicare prescription drug plan when they first become eligible for
Medicare and each year from November 15th through December 31st. Beneficiaries leaving
employer/union coverage may be eligible for a Special Enrollment Period to sign up for a