THE OPPORTUNITY
Medicare Exchanges represent a growing segment of competition for retiree benefit brokers. Now you can offer clients a better way: Retiree Benefit Choice ™ by AmWINS Group Benefits. Retiree Benefit Choice is a hybrid Group and Individual Medicare program that can improve client balance sheets, broaden retiree benefit offerings and strengthens client relationships, leading to greater retention of long-term account revenue.
BACKGROUND
Retiree benefit costs are forcing many employers to seek alternative benefit solutions for their retiree population. Many employers are electing to allocate a stipend so retirees can shop for their own supplemental policies through a Medicare Exchange site, believing the broad choice is a key benefit. While there are some advantages, this method can actually be a disservice to retirees via:
- A sense of betrayal by employers who terminate their plans
- Forced change
- Retirees prefer to keep their current plan
- Lack of knowledge. Many find it difficult to conduct a comparative analysis of medical plans online, especially those who don’t have a computer
Retiree Benefit Choice combines the advantages of Group and Individual Medicare plans to serve the needs of companies and their retirees, and protect your commissions.