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Seeking to shift costs to Medicare, more employers move retirees to advantage plans

As a parting gesture to a pandemic-ravaged city, former New York Mayor Bill de Blasio hoped to provide the city with a gift that would keep on giving: new health ....

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Seeking to shift costs to Medicare, more employers move retirees to Advantage plans

Private and public employers are increasingly using the government’s Medicare Advantage program as an alternative to their existing retiree health plan and traditional Medicare coverage. As a result, the federal government is paying the “overwhelming majority” of medical costs, according to an industry analyst. ....

New York , United States , Joe Altman , Barry Carleton , David Lipschutz , Tatiana Fassieux , Chris Maikels , Dave Corkum , Eric Dinowitz , Eric Adams , Marianne Pizzitola , Carefirst Bluecross Blueshield , Fire Department , Centers For Medicare Medicaid Services , Us Department Of Health , Human Services , Supreme Court Justice Lyle Frank , Medicare Payment Advisory Commission , California Health , Health Insurance Assistance Program , York City Organization Of Public Service Retirees , New York Mayor Bill De Blasio , Medicare Advantage , Medicaid Services , California Health Advocates , Willis Towers Watson ,

Seeking to shift costs to Medicare, more employers move retirees to Advantage plans

Employers are increasingly using the Advantage program as an alternative to existing retiree plan and traditional Medicare. As a result, the federal government is paying the “overwhelming majority” of medical costs, according to an industry analyst. ....

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