The intersection between Medicare & your group health plan
Older workers make up the fastest-growing segment of the workforce; by 2014, its estimated 21% of employees will be age 55 and older. In an economy where more seniors are delaying retirement or foregoing it altogether, the need for clarity on navigation of coupling Medicare and employer-based insurance will be paramount. The Medicare Rights Center, in partnership with AgeOptions, recently released a toolkit designed to help older adults navigate the transition from employer-based health insurance to Medicare, and those who are dually covered. The toolkit aims to clearly explain how Medicare coordinates with different kinds of employer-based health insurance. Here are five key points from the extensive guide to help your employees.
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