Simple Billing Arrangements
AARP Medicare Supplement Plans have simple billing options
- Fully subsidized: The employer pays the entire cost of the premium.
Partially subsidized: The partially subsidized option allows
the employer to set an amount or percentage that they are willing to
contribute, and the retiree must pay for the rest of their
Endorsed: An endorsed option allows the retiree to have all
the options and guaranteed issue, but leaves the retiree responsible
for paying their selected plan’s premium.
The option to split-bill allows for the retiree to receive a bill for the portion they owe, rather than the employer being charged the full amount and then having to get payment from the retiree.
The option to subsidize specific plans is available; you do not have to offer all of them.