Home/Glossary/Creditable CoverageGlossary · Part DCreditable CoverageDrug coverage at least as good as Part D's standard benefit. Required to avoid the Part D late enrollment penalty.Related TermsFormularyDrug TierStep TherapyDonut HoleCatastrophic CoverageLow-Income Subsidy (Extra Help)Formulary ExceptionMedication Therapy Management (MTM)← Back to glossary index