Medicare and the 65+ Employee Human Resources Best Practices

AGENDA Why a strategy is needed How to help employees Results for employers Case Studies Questions

WHY?

Employees are working past age 65 40% of working seniors expect to work past 65 30% of today’s workforce will be 65+ Career brings meaning and purpose Retirement seems out of reach

Employees used to benefits from work Employers do the “pre-shopping” Limited choice of plans offered Limited knowledge of health insurance terms Go to HR for their questions and concerns

Employees get confusing messages Those 65+ get pounds of mail about Medicare! Letters use scare tactics and threats of penalties Literally Hundreds of Medicare plan choices Same question can yield different answers

Employers are not Medicare Experts NOR SHOULD THEY BE! You can help your 65+ employees, help themselves!

HOW?

Have Medicare information available Post information in lunch and break rooms A Quick Look at Medicare – Medicare.gov Keep information in the HR Office Medicare and You handbook– Medicare.gov

Use your employee website/intranet Create a “Thinking about Retirement” section Provide links to helpful resources Medicare.gov and SS.gov Senior LinkAGE Line at MetroAging.org Allow space for articles and videos

Host a Medicare 101 Session Lunch and Learn or set up a meeting Not specific to any insurance company Can be done live or via WebEx Presentation format allows for questions

Have a Medicare Expert on hand! Your consultant or your carrier Employees/retirees call or email directly One-on-one service, whether working or retiring Benefit Fairs, Retiree Meetings, Presentations

More from a Medicare Expert Age-in Letters to those turning 65 or retiring Mailing information packets to retirees Manage eligibility and enrollment Provide ongoing support to retirees

RESULTS

Benefits to Human Resources Frees your time to focus on active employees Empowers employees nearing retirement to make smart decisions for themselves Positions you as an employer that cares for employees, from their first day into retirement

CASE STUDIES

School District Client Age-in Letters to those turning 65 Retirees reach out directly for more information Mailing and enrollment managed by health plan

Large Employer Hosts Retirement Meetings and Benefit Fairs Creates a handout with plan information Places presentations on employee website Age-in List, Continuation Forms prompt mailing

Success Story 2 – 3 Retiree Seminars per year Touches on Wellness, Health Care, and Finances Wildly popular, expected 50 attendees, got 150! Uses website, age-in letters, videos online

Offer for TCISCEBS attendees: Medicare 101 Session at your Location! Live or via WebEx Recording available to post Contact me to schedule

Group Medicare Sales Representative Contact Information Amy Sundem Group Medicare Sales Representative Phone: 612-676-3669 Email: asundem@ucare.org Social Security Phone: 1-800-772-1213 www.ssa.gov

THANK YOU! www.ucare.org