Dietrich & Associates Helps Sponsors Keep Retiree Medical Coverage Promises

September 20, 2007 (PLANSPONSOR.com) - Dietrich & Associates, Inc. has implemented a new program to help employers honor their retiree medical coverage commitments.

SecuredCare employs a Voluntary Employee Benefit Account (VEBA) to create significant tax advantages, according to a Dietrich & Associates press release.   A specialized lifetime group annuity is used to provide a guaranteed defined subsidy for the life of the participant (retiree and spouse).

Dietrich said this approach provides guaranteed access to group coverage at competitive rates.

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The news release said other features of SecuredCare include:

  • Fully insured benefits,
  • Nationwide coverage,
  • Medicare Part D network of doctors and hospitals
  • Flexible benefit levels, and
  • Full prescription coverage.

For more Information, call 800-966-8376, extension 11.

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