Page 38 - 2022 DPR Construction Benefit Guide_Administrative Employees

There are two important things you need to know about your current For More Information About This Notice Or Your
coverage and Medicare’s prescription drug coverage: Current Prescription Drug Coverage…
1. Medicare prescription drug coverage became available in 2006 For further information, call Anne Anderson at 650-306-7700.
to everyone with Medicare. You can get this coverage if you join NOTE: You’ll get this notice each year. You will also get it before the
a Medicare Prescription Drug Plan or join a Medicare Advantage next period you can join a Medicare drug plan, and if this coverage
Plan (like an HMO or PPO) that offers prescription drug coverage. through DPR Construction changes. You also may request a copy of
All Medicare drug plans provide at least a standard level of this notice at any time.
coverage set by Medicare. Some plans may also offer more
coverage for a higher monthly premium. For More Information About Your Options Under
2. DPR Construction has determined that the prescription drug Medicare Prescription Drug Coverage…
coverage offered by the DPR Construction Health & Welfare
Plan is, on average for all plan participants, expected to pay More detailed information about Medicare plans that offer
out as much as standard Medicare prescription drug coverage prescription drug coverage is in the “Medicare & You” handbook.
pays and is therefore considered Creditable Coverage. Because You’ll get a copy of the handbook in the mail every year from
your existing coverage is Creditable Coverage, you can keep this Medicare. You may also be contacted directly by Medicare
coverage and not pay a higher premium (a penalty) if you later drug plans.
decide to join a Medicare drug plan. For More Information About Medicare Prescription
Drug Coverage:
When Can You Join A Medicare Drug Plan?
• Visit www.medicare.gov
You can join a Medicare drug plan when you first become eligible
for Medicare and each year from October 15th to December 7th. • Call your State Health Insurance Assistance Program (see
However, if you lose your current creditable prescription drug the inside back cover of your copy of the “Medicare & You”
coverage, through no fault of your own, you will also be eligible for handbook for their telephone number) for personalized help
a two (2) month Special Enrollment Period (SEP) to join a Medicare • Call 1-800-MEDICARE (1-800-633-4227). TTY users should
drug plan.
call 1-877-486-2048.
What Happens To Your Current Coverage If You Decide Remember: Keep this Creditable Coverage notice. If you
to Join A Medicare Drug Plan? decide to join one of the Medicare drug plans, you may
be required to provide a copy of this notice when you join
If you decide to join a Medicare drug plan, your current DPR to show whether or not you have maintained creditable
Construction coverage will be affected. You can keep this coverage if coverage and, therefore, whether or not you are required to
you elect part D and this plan will coordinate with Part D coverage.
pay a higher premium (a penalty).
If you do decide to join a Medicare drug plan and drop your current Today’s Date: 01/01/2022
DPR Construction coverage, be aware that you and your dependents Name of Entity/Sender: DPR Construction
will not be able to get this coverage back.
Contact—Position/Office: Anne Anderson
Address: 1450 Veterans Blvd, Redwood City,
When Will You Pay A Higher Premium (Penalty) To Join CA 94063
A Medicare Drug Plan?
Phone Number: 650-306-7700
You should also know that if you drop or lose your current coverage HIPAA Notice of Special Enrollment
with DPR Construction and don’t join a Medicare drug plan within
63 continuous days after your current coverage ends, you may pay If you are declining enrollment for yourself or your dependents
a higher premium (a penalty) to join a Medicare drug plan later. If (including your spouse) because of other health insurance or group
you go 63 continuous days or longer without creditable prescription health plan coverage, you may be able to enroll yourself or your
drug coverage, your monthly premium may go up by at least 1% of dependents in this plan if you or your dependents lose eligibility for
the Medicare base beneficiary premium per month for every month that other coverage (or if the employer stops contributing towards
that you did not have that coverage. For example, if you go nineteen your or your dependents’ other coverage). However, you must
months without creditable coverage, your premium may consistently request enrollment within 30 days after your or your dependents’
be at least 19% higher than the Medicare base beneficiary other coverage ends (or after the employer stops contributing
premium. You may have to pay this higher premium (a penalty) as toward the other coverage).
long as you have Medicare prescription drug coverage. In addition,
you may have to wait until the following October to join. In addition, if you have a new dependent as result of marriage,
birth, adoption, or placement for adoption, you may be able to
enroll yourself and your dependents. However, you must request
enrollment within 30 days after the marriage, birth, adoption, or
placement for adoption.

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