Fortune June 10, 2024
Richard Eisenberg

Usually, after age 65, you have two Medicare options: Traditional Medicare (Parts A, B and D and often a Medigap plan) or a private health insurer’s Medicare Advantage plan, also called Part C. But increasingly, people with retiree health benefits from their former employers aren’t given that choice.

Instead, they’re told they can only enroll in a Medicare Advantage plan, with its limited network of doctors and hospitals—even if they’d prefer going with the less restrictive Traditional Medicare.

Reject the Medicare Advantage plan, they’re told, and they’ll lose their retiree health benefits, sometimes in perpetuity.

“It’s a lot to ask someone potentially to consider giving up their retiree benefits,” says Meredith Freed, a senior policy manager with the Program on...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: Employer, Insurance, Medicare, Medicare Advantage, Patient / Consumer
MedPAC estimates $84B in Medicare Advantage overpayments in 2025: 10 notes
MedPAC Report Calls for Increases in Doc Pay for Medicare Services
Bridging The Medicare Risk Gap: How AI Can Enhance Coding Accuracy And Equity
Will the Trump Administration Fast Track the Privatization of Medicare?
Strive, MA Insurer Zing Expand Partnership Around Kidney Care

Share This Article