As many baby boomers continue to work past the age of 65, they and their employers need to plan ahead. Benefit Design Associates can guide the process with timely information for all concerned.
Since Medicare does not cover all health care expenses, private health insurance companies write supplemental insurance policies, though both the federal and state governments strictly regulate them. Because of the gaps in Medicare coverage, Medicare supplement insurance is often referred to as Medigap insurance.
In addition, the government passed legislation creating the Medicare Prescription Drug Coverage Program – also called Medicate Part D. Benefit Design can explain how, when and what this new program can do for your qualifying employees.
As any of your employees approach eligibility for Medicare, Benefit Design can help them tailor supplemental insurance to meet their specific needs and explain how to take advantage of all the resources available to them in order to maintain appropriate coverage.