Medicare Part D
NWtech is providing this page to assist you in your understanding of Medicare Part D as it relates to coverage under NWtech. Employers and Plan Administrators should consult with their employment law or employee benefits counsel on compliance with Medicare Part D notice requirements.
Starting January 1, 2006, Medicare began offering insurance coverage for prescription drugs through Medicare prescription drug plans and other health plan options. It has been determined that prescription drug coverage with NWtech is, on average for all plan participants, expected to pay out as much as the standard Medicare prescription drug coverage will pay.
Because the coverage under NWtech is at least as good as standard Medicare prescription drug coverage, Medicare-eligible enrollees that have prescription drug coverage through NWtech, may keep this coverage and not pay extra if they later decide to enroll in Medicare coverage.
CMS (Centers for Medicare & Medicaid Services) announced reporting requirements for employers sponsoring healthcare coverage which includes prescription drug coverage for their employees. Please reference the chart below for notifications sent on behalf of NWtech.
|
Description |
Notice |
|
2009 Member Notices |
|
|
2009
Employer Notice |
Employer Notice |
| Click Here | |
| Click Here | |

