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Medicare Part D Consultation
Retirees between ages 65 – 69 fill on average 13.6 prescription medications and retirees between ages 80 – 84 fill on average 18.2 prescriptions per year. Together these 2 age groups spend $43 billion on prescriptions, 42% of the $102 billion total spent on prescriptions within the US annually. The enactment of Medicare Part D created new alternatives and financial opportunities for plan sponsors that offer prescription benefits to retirees.
Retiree Solutions, a division of Benecard, provides full service consulting and support for employer groups and coalitions with emphasis on cost savings and performance enhancement programs to significantly reduce overall healthcare costs. Benecard Retiree Solutions focuses on the complex and diverse needs of the retiree population and their escalating prescription drug coverage costs.
As the executive manager of a prescription drug plan, our processes resulted in combined reimbursement preserved and cost recovery of more than $3 million during a six month period.
Find out how Benecard Retiree Solutions can work for your clients' retiree benefit programs:
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