This is a
follow up to the previous case study in our February 2016 newsletter ...
Several of you have asked "why don't employers inform their 65 and older employees that they might have better options under a Medicare insurance plan?" or "why don't employers offer incentives for their employees to opt for a Medicare
Insurance plan?"
The answer is simple ... If they have 20 or more employees, they would be in violation of the MSP provisions in Section 1862(b)(3)(C) of the Social Security Act ... Specifically, this law prohibits an employer
from offering an individual entitled to Medicare any financial or other benefits as an incentive not to enroll in, or to terminate the enrollment in, a group health plan (GHP) which would otherwise be primary to Medicare ... The law imposes severe civil penalties (monetary) on employers that violate this law.
So how do people learn that they might have a better option than their employer plan?
Attend one of our educational seminars ... We usually bring up ths subject.
