2006 Creditable Coverage Notice
From The Parkland Employee Heath Plan
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 the Parkland Employee Health Plan 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
2. The Parkland Employee Health Plan (PEHP) has determined that the prescription drug coverage
offered by PEHP 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.
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/dropping employer coverage,
such as the PEHP, may be eligible for a Special Enrollment Period with Medicare, to sign up for a Medicare
prescription drug plan.
You should compare your current coverage, including which drugs are covered, with t