Creditable definition

Creditable means that the value of this Plan’s prescription drug benefit is, on average for all plan participants, expected to pay out as much as or more than the standard Medicare prescription drug coverage will pay.
Creditable means the drug coverage is expected to pay, on average, at least as much as Medicare’s standard prescription drug coverage.) For these members, the Part D late
Creditable means the drug coverage is expected to pay, on average, at least as much as Medicare’s standard prescription drug coverage.) For these members, the Part D late enrollment penalty is added to the plan’s monthly premium. Their premium amount will be the monthly plan premium plus the amount of their Part D late enrollment penalty.

Examples of Creditable in a sentence

  • Medicare calls this “creditable drug coverage.” Please note:o Creditable coverage could include drug coverage from a former employer or union, TRICARE, or the Department of Veterans Affairs.

  • Creditable prescription drug coverage is coverage that meets Medicare’s minimum standards since it is expected to pay, on average, at least as much as Medicare’s standard prescription drug coverage.

  • Medicare calls this “creditable drug coverage.” Please note: o Creditable coverage could include drug coverage from a former employer or union, TRICARE, or the Department of Veterans Affairs.

  • Medicare calls this “creditable drug coverage.” Please note:° Creditable coverage could include drug coverage from a former employer or union, TRICARE, or the Department of Veterans Affairs.

  • Medicare calls this “creditable drug coverage.” Please note:○ Creditable coverage could include drug coverage from a former employer or union, TRICARE, or the Department of Veterans Affairs.


More Definitions of Creditable

Creditable means that your prior coverage met Medicare’s minimum standards.
Creditable coverage shall mean coverage under one or more of the following types of health care coverage:
Creditable means the drug coverage is at least as good as Medicare’s standard drug coverage.) For these members, the Part D late enrollment penalty is added to the plan’s
Creditable means that the value of this Plan’s prescription drug benefit is, on average for all plan participants,
Creditable means the drug coverage is expected to pay, on average, at least as much as
Creditable it means that it has drug
Creditable means that the coverage you had before joining Humana met Medicare's minimum standards.