The needs of Medicare eligible employees continue to change and can present challenges for the employer. Those employees who are working beyond age 65 may not realize that they can potentially save money by enrolling in a Medicare plan vs. employer coverage. What items should Medicare eligible employees consider, especially during open enrollment?
1) What are you currently paying monthly for your employer health insurance?
2) Many Medicare plans offer low or $0 monthly premiums - do you have a high-deductible plan?
3) Many Medicare plans offer low or no deductibles - is your spouse eligible for Medicare and still covered under your employer coverage? It may be costing you more than you realize.
This learning center class will address the challenges that employees face as they prepare for Medicare and health insurance in retirement. Employers can use the information gained from this class to assist their Medicare eligible employees not only during open enrollment but also as they age-in to Medicare and as they begin the preparations for the journey to retirement.