Certificate of creditable coverage means a written certificate that states the period of time one is covered by a health plan. It is issued either by a group health plan or health insurance issuer. It must be provided automatically and free of charge upon request by the plan holder during coverage time or at anytime within 24 months after a coverage ends. It must also be issued when an individual loses coverage under the plan, becomes entitled to elect COBRA continuation coverage or exhausts COBRA continuation coverage.
Certificates of creditable coverage will contain information about the length of time of coverage as well as the length of any waiting period for coverage certificates of creditable coverage issued after July 1, 2005, will contain an educational statement that describes individuals' HIPAA portability rights.