Benistar Blog | 65+ Group Retiree Health Plans

It’s much easier to do better in business as an individual than to be able to lead others well in the world of business. In order to be a successful business leader, you must have a large breadth and depth of knowledge that will lead you and your company in the many situations companies may find themselves in. Whether you are in the red or black, you need to be able to stay calm and confident and lead your team to victory. If you are interested in becoming a good business leader, or becoming even better, look no further than…

No matter where you are on life’s journey, it’s always a good thing to start planning ahead, especially regarding financial matters. Of course, saving money may seem dreary when the other option is to spend it on food, clothes, entertainment, vacation. But you will be able to stop working sooner and go on all those vacations you have planned in your head if you just start saving a little at a younger age. This is especially true in this day and age, because if you are just waiting for a company pension or social security check, think again. Those once…

With all the recent healthcare reform intiatives, EGWP is becoming the most cost-effective way for your company to provide its retiring workforce with retiree prescription drug coverage. An EGWP, colloquially known as an “egg whip” is an option with group Medicare Part D prescription drug plans offered to retirees who were promised prescription drug coverage as part of their Other Post-Employment Benefits (OPEB). Benefit solution companies such as Benistar contract their medical insurance with the Centers for Medicaid and Medicare Services (CMS) to serve as a Medicare Part D Plan Sponsor and maintain compliance with CMS regulations in regards to…