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White paper: Employers reduce retiree healthcare costs by 40% with Medicare Individual Market

White paper: Employers reduce retiree healthcare costs by 40% with Medicare Individual Market

This important research focuses on how employers can significantly cut healthcare costs for retirees by choosing the Medicare Individual Market over group coverage. 

Here are some key highlights:

  • Significant savings - Employers can reduce their healthcare subsidy by an average of 39% while still benefiting retirees.
  • Retiree benefits - Most retirees experience cost savings, with a considerable percentage seeing annual savings of $2400 or more.
  • Flexibility and satisfaction - The Medicare Individual Market offers various high-value plans, leading to high satisfaction among retirees.
  • Administrative ease - Employers face less administrative burden in managing healthcare plans in the Medicare Individual Market.

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