Eye on 65 showcases creative ways for public sector plan sponsors to keep the promise of retiree health care.
Ask public sector employees why they chose a government job, and many will note the expectation of a stable pension and retiree health benefits.
But the percentage of public sector retirees who receive these benefits is shrinking. Five years ago, 83 percent of state and local governments provided retirees health care coverage; today it’s 68 percent. And retirement without health care isn’t very secure.
We’re helping public sector plan sponsors make sense of the options available when it comes to their retiree population’s health care benefits, from Group Medicare Advantage Plans to individual Medicare marketplaces—also known as Medicare exchanges—to health reimbursement arrangements, and how they can manage change and help retirees navigate choice. Tune in with Willis Towers Watson’s John Barkett and Marianne Steger to find out how public sector retiree health care promises can be kept.
The ABCs of Medicare
A, B, C, D, E, F, G. Confused by the Medicare alphabet soup? Listen in as John Barkett and Marianne Steger sort through the ABCs of Medicare in this latest episode.
Who's to Complain?
In this episode, retiree Donna Adassa shares her experience transitioning from a retiree group health plan to a Medicare marketplace and provides insights on why she prefers the Medicare marketplace.
How the City of Memphis Reduced its OPEB Liabilities
The City of Memphis was facing $1.3 billion in unfunded OPEB liabilities and needed a solution. Our guest, Chief Financial Officer Shirley Ford, shares how she helped the city and its retirees find a win-win solution using the Individual Medicare Marketplace.
Built to last?
Providing retiree health care is more difficult than ever. As a result, the percentage of public sector employers who provide these benefits is shrinking. In this episode of Eye on 65, Marianne and John share the seven-question stress test that can be used to determine if your retiree health care program is built to last.
How to Preserve Retiree Health Care
The individual Medicare marketplace – the best kept secret for delivering affordable retiree health care.
Searching for Sustainability
Options available for maintaining retiree health benefits.