Products September 20, 2007
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.
Reported by Rebecca Moore
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.
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.
You Might Also Like:
Products |
BrightPlan Unveils New Solutions to HR Challenges
The financial wellness service provider is launching new solutions aimed at helping employers tackle four key HR challenges.
Increasing Health Care Costs Have Implications for Retirement Savings
If one adds annual spending figures, in today’s dollars, if you’re “average,” one can expect costs to be $414,000 over...
Mercer-Vanguard Health Savings Model Urges Personalized Planning
Workers with generous employer health care benefits that may not be offered in retirement and those at higher risk of...