For employers, workers age 65 and over add a needed dimension of experience and knowledge to the workforce. And, as of February 2019, 20% of these 55 million people were working or looking for work. Individuals working beyond age 65 is a growing trend. (Business Insider)
Employees turning 65 are inundated with Medicare plan information online, by mail, by phone and through well-meaning but often misinformed family and friends. Employer healthcare insurance is complicated, and Medicare is no exception. The more informed each employee is regarding Medicare, the greater the opportunity for them to consider coverage that may better match their personal needs. Medicare plans are available that require “zero” monthly premium, providing comprehensive coverage with additional benefits and services like dental, vision, hearing and meal and transportation services.
Many employees age 65 and over may have never considered choosing Medicare over the default option of an employer’s plan. If so, they could potentially be missing out on lower costs as well as the added benefits included in many Medicare Advantage plans. Helping them understand Medicare health insurance options can add to employee satisfaction and also reduce both their personal as well as company healthcare costs.
Many Human Resource and Employee Benefit professionals already have full plates and lack the time to counsel individual employees on a very complicated program they may not be intimately familiar with.
Oswald provides personal services to help each employee and spouse age 65 and older understand Medicare and help them compare their company plan to the variety of Medicare options available. Simply refer employees to the page below.
Our staff of professional Medicare Specialists will offer personal assistance, information, and education from the first phone call or email. Now is a great time to include this information in your fall open enrollment materials. Many employees tell us this also helps Mom and Dad find the objective advice they seek.
If you’d like more information on how we can help your employees who are eligible for Medicare, please contact:
Note: This communication is for informational purposes only. Although every reasonable effort is made to present current and accurate information, Oswald makes no guarantees of any kind and cannot be held liable for any outdated or incorrect information. View our communications policy.