The amount of prior coverage a client had before he / she enrolled in a new insurance plan. If there was not a lapse of more than 63 days of coverage between the change in policies, the prior coverage is valid. The prior policy can be used to avoid any "pre-existing condition" exclusion clause imposed by the new plan.
Related information about creditable coverage:
- Medicare Part D Creditable Coverage
What is Creditable Coverage? Prescription drug coverage is creditable if the actuarial value of the coverage equals or exceeds the actuarial value of standard ...
- Creditable Coverage
Jan 5, 2010 ... Learn the meaning of the term “creditable coverage” from your About.com Guide to Health Insurance.
- Frequently Asked Questions about Portability of Health Coverage ...
This employee has 8 months of creditable coverage. His earlier 2 years of ... Usually, the information is given in a certificate of creditable coverage. (Learn more ...
- WHAT IS CREDITABLE COVERAGE
WHAT IS CREDITABLE COVERAGE? Beginning January 1, 2006, Medicare beneficiaries will have the opportunity to receive subsidized prescription drug ...
- Understanding a certificate of creditable coverage
The Certificate of Creditable Coverage provision in HIPAA provides that once you have been continuously insured for at least 18 months there is no need to ...
- Certificate of Creditable Coverage
Sep 21, 2012 ... A certificate of creditable coverage is a document that shows your prior health care coverage. This certificate usually reduces how long a health ...
- Creditable Coverage - Glossary | HealthCare.gov
Creditable Coverage: ... If you have prior creditable coverage, it will reduce the length of a pre-existing condition exclusion period under new job-based ...
- Notice of Creditable Coverage | Medicare.gov
... this notice? Keep the notice. You may need it if you decide to join a Medicare drug plan later. (Don't send creditable coverage letters/certificates to Medicare.) ...