Employer Group Retiree Products
Millions of employer-covered retirees are expected to migrate to Medicare managed care products within the next few years. Is your organization ready?
If your company continues to focus exclusively on individual Medicare products, you could be missing out on future growth opportunities.
Gorman Health Group’s experienced consultants can work with health plans, PDPs, and insurers to design and implement Medicare products geared specifically for the emerging employer group retiree market. We’ll help you determine which Medicare products are most attractive to employer groups – and their retirees and – come up with benefit design options, and conduct market and feasibility analyses. We can walk you through each step of the CMS application process and get your provider networks up and running efficiently.
For organizations presently offering the Retiree Drug Subsidy, we can assist organizations in sorting out and managing the administrative and operational complexities associated with accepting RDS, and advise on best options for migrating retirees into Medicare products.
We also advise on, and implement Medicare Savings Accounts (MSAs). These high-deductible Medicare Advantage Plans that are an attractive alternative for employers looking for less-expensive, defined contribution plans for their retirees. Also attractive for many individuals in higher tax brackets.
Gorman Health Group can also assist employers and union groups in selecting a Medicare managed care offering, developing a timeline and implementation strategy, and designing an effective retiree communication, decision support, training and outreach plan.
