- Employer reimburses participant for Medicare Part B or D premiums for excepted benefits. *
- Expenses are Medicare supplemental premiums.
Why?
Participant Benefits
- Way to offset Medicare premiums.
- Employer-funded and don’t pay taxes on employer contributions.
- Includes but is not limited to Medicare supplement policy coverage.
- Improves financial & mental wellbeing.
Employer Benefits
- All contributions are tax-deductible.
- Improves recruiting, retention and engagement.
* not included in a traditional health insurance plan