Evolving with Medicare: an approach to retirement strategy.
With Medicare Part D now providing prescription drug coverage, employers' retiree health plans are ripe for change. Effective change requires more than just adjustments. A global or enterprisewide approach to the development of a retirement strategy is important and should encompass five components: design, finance, administration, communication and control. This article discusses the strategic approach to crafting retiree health policy as the Medicare landscape continues to evolve.
Habliston
Charles
C
Mercer Human Resource Consulting, Baltimore, USA.
Hanrahan
Mark
M
D006264:Health Benefit Plans, Employee / Q000458:organization & administration*; D006801:Humans; D007356:Insurance, Pharmaceutical Services / Q000191:economics*; D006278:Medicare; D012179:Retirement; D014481:United States