Plan sponsors in the United States have a variety of options to provide healthcare coverage to their retirees. These options include coordinated plan sponsor-provided benefits that wrap around traditional Medicare benefits, group Medicare Advantage (MA) plans, group Medicare supplement coverage, and health reimbursement arrangement (HRA) plans. This paper explores the landscape of group retiree healthcare options and the financial impacts for plan sponsors that have transitioned to a Group MA plan. Our discussion also includes sections on:
- Benefit richness for Medicare-covered services
- Supplemental benefits
- Access to providers
- Member experience
- Group MA cost analysis
This report was commissioned by UnitedHealthcare.