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Employers Are Offering Medicare Advantage to Retirees to Save on Costs
Fortune Link to more items from this source
Mar. 2, 2022

"Over the past decade, an increasing number of employers have ... [used] the government's Medicare Advantage program as an alternative to their existing retiree health plan and traditional Medicare coverage. Employers and insurers negotiate behind closed doors to design a private Medicare Advantage plan available only to retirees from that employer. Then, just as it does for private individuals choosing a Medicare Advantage plan, the federal government pays the insurer a set amount for each person in the plan."

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