Did You Know!? If you're a plan sponsor involved with your company’s health insurance, it's your responsibility to inform employees whether their plans are considered Creditable Coverage. You probably already know about the annual notice and that Creditable Coverage means the plan meets or exceeds Medicare’s standards. But did you know that starting in 2025, Medicare will cap out-of-pocket drug expenses at $2,000, eliminating the “donut hole” gap in drug coverage? This improvement could change whether your plan is still considered creditable. Don’t miss this episode with Medicare expert Rosamaria Marrujo, where we cover what every employer needs to know!

About the Show:

The H.I.T. Podcast (Powered by Montage Insurance Solutions): A thought leader in the space, curating the top news and information to deliver a brief, high impact overview designed specifically for the Human Resources professional, business person, and company executive.

Find out more here: www.hitpodcast.com

Special thanks to our Platinum Sponsors: TruHu AND Excel Health Plans

Thank you to our Gold Sponsors: Kingdom Legacy Benefits (KLB) AND Cigna