Many corporations have been actively working to reduce healthcare costs for many years. However, even when every aspect of healthcare costs for active employees has been reviewed, changed, modified and consolidated with some success; healthcare costs continue to rise.
One of the most overlooked areas that can significantly impact the overall group health plan is the pre-65 retiree population.
Optimal coordination of Medicare and retiree health care can lead to a 10-15 % decrease in overall ongoing health costs for employers, and at the same time benefits the retiree.
Provisions in federal law allow group health plans to take a secondary position to Medicare under certain conditions. When an individual is converted to Medicare primary payer status, an employer will save an average of $9,000 in future annual medical plan costs. Retroactive savings can also be achieved through recovering medical payments that were made incorrectly under the employer’s medical plan. SSDC specializes in finding and developing these savings opportunities in the most efficient, cost-effective and beneficiary sensitive fashion.
Partner with SSDC’s Comprehensive Medicare Identification and Management services, and achieve the following:
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West Bloomfield, MI 48322
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