An estimated 10,000 people turn 65 – the standard age for retirement – every day. By 2030, according to the Census Bureau, all baby boomers will be older than 65.
These individuals – ranging from front-line workers to CEOs – are often confused and anxious as they transition from employer-sponsored health insurance to Medicare. In most cases, their employer offers no support for this difficult transition.
How Benefit Professionals Can Help
Voluntary benefits play an increasingly important role in most organizations and are viewed favorably by employees. However, these benefits are typically limited to active employees.
Incorporating a voluntary retiree healthcare offering is a sensible program enhancement. Here’s why:
- It enhances an organization’s employee benefits package
- It offers a valued service to retirees as they transition to Medicare
- There is no cost to the employer
- All eligibility, enrollment, communications, customer service, billing and collection services are all outsourced
The AmWINS Solution
AmWINS’ Voluntary Retiree Benefit Choice (VRBC) is unique in the market. The program features a trifecta of:
- Product Choice—Retirees can choose from up to three carefully curated group Medicare plans and two prescription drug plans, or explore the Medicare marketplace for an even greater selection of plan offerings
- Fully Outsourced Administration—Implementation can be completed in as little as 30 days and administration is handled by AmWINS, including online enrollment, ACH payment coordination and policy and billing support
- Concierge Service—AmWINS assigns a dedicated, experienced relationship management team to implement the program. Once launched, licensed Medicare experts provide unmatched concierge service to retirees, reducing anxiety and confusion, and easing the transition to Medicare
Learn more about AmWINS Voluntary Retiree Benefit Choice and receive a free Get Started Guide by visiting retireebenefitchoice.com.
