It’s exciting. It’s scary. Retiring employees face a drastic transition as they move out of the workforce into a new world of increased freedom and possibility. Sure, It’s a stressful and uncertain time for them, especially when it comes to choosing the right healthcare. For most retirees, their insurance needs have always been selected and provided for them by their employers. Now they face a maze of Medicare choices, and it’s up to them to make these decisions for themselves.
We can help you and your employees understand what Medicare is all about by offering free consultations to your retiring employees. This is another value added benefit to offer employees. It can reduce the strain on Human Resources (HR) staff who may not have the time or expertise to answer Medicare questions. Your employees now have access to a local, trained, licensed and certified agent who has the expertise and resources to help them understand their Medicare choices.
With “Ups and Downs” in the economy, continually rising healthcare costs and healthcare reform, many companies and employees are searching for the best solutions for retiree health benefits. Most employees have always had their healthcare options provided by their employers. They’re not ready to make these difficult decisions on their own, having always looked to their employers for advice. Today that’s advice that many HR departments really can’t give.
How Cornerstone can help your retiring employees and company:
You can provide a no-cost, value-added addition to your employee benefits by partnering with Cornerstone to assist your retirement employees. One of our local, licensed agents can assist your HR department and employees through this complex transition. Agent consultations are always provided at “no charge” to you or your employees. Our agents have the expertise and resources to help employees understand their Medicare choices.
Our Smooth Transitions Program: Maximum Flexibility
The Smooth Transitions Program offers three distinct components that can be used alone or all together to assist you and your retiring employees. Choose the components and formats that best match your company’s culture and needs.
Component 1: On-site Private Insurance and Medicare Resource
Informal: Our proven-effective formats include an informal question and answer session. A Cornerstone Adviser is available in a lunchroom, conference room, or other setting to answer questions informally, one-on-one, for a set period of time
Formal: Our Consultant schedules a more formal “lunch-and-learn” or another presentation format. Your employees/retirees attend a group presentation followed by Q & A session.
Component 2: HR Support Materials
We can provide informational materials for your HR staff to hand out to employees and retirees in response to Private Insurance and Medicare inquiries. With our HR Support Materials, your employees get answers, and your HR staff gains some time!
Component 3: Large Group Transition Support
What if a large number of your employees are moving off a group plan? We will develop a custom strategy to help them move to appropriate individual insurance products in an organized process that meets their needs and your goals. Our transition service is especially valuable when a large portion of your workforce retires, retiree coverage has been terminated or employer-provided insurance has been terminated.