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Silver Tsunami: Medicare Basics for an Aging Workforce

August 18, 2023

As more employees approach Medicare age, it is important for employers to understand employee rights and employer obligations related to Medicare.

In this webinar, the Benefits Compliance team provided an overview of Medicare basics, discussed Medicare Secondary Payer rules, and reviewed how Medicare interacts with other federal benefit laws.​​​​

Agenda

Medicare and Your Plan: Benefit Issues to Consider

  • Medicare Basics & Eligibility
  • Medicare Secondary Payer (MSP) Rules
    • Coordination of Benefits
    • Other Requirements
  • Interaction with Other Laws
    • HSAs
    • Section 125 Qualifying Events
    • COBRA
  • Reporting and Disclosures

Key Takeaways

Employer Considerations

  • Don’t assume you know whether a person is entitled to Medicare.
  • Employee education vs. Incentivizing.
  • Scrutinize open enrollment processes.
  • Fix mistakes expeditiously.

NFP Resources

NFP publications with practical tips and examples:

  • Cost-Share Contribution Models: A Guide for Employers
  • Medicare Part D Disclosures: A Guide for Employers
  • New updates and FAQs in Compliance Corner.

Watch Recording


https://www.nfp.com/insights/medicare-basics-for-an-aging-workforce/
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