Evaluate your retiree medical strategy
Employers sponsoring Employer Group Waiver Plans (EGWPs) are advised to assess the possible financial impact of the Inflation Reduction Act (IRA) on their group Part D plans.
Changes include:
Improved coverage for Medicare enrollees
Prescription costs
Capped out-of-pocket costs
Simplified coverage
New risks and opportunities for group Medicare part D sponsors
Reduced third-party funding
Increased net plan costs
Opportunity to fund individual coverage through HRA
Via Benefits offers employers a Financial Impact Assessment, including modeling of the IRA’s impact on their EGWP, to help plan sponsors make the best decision for the organization and its retirees.
Request a financial impact analysis.
Available for both Pre-Medicare and Medicare-eligible populations (min. 1,000 retirees).