Medicare Part D: Taking another look at employee group waiver plans for tax-exempt plan sponsors
By Brian Anderson and Rebekah Bayram
01 December 2009
In this briefing, we cover the basics of employee group waiver plans (EGWPs), summarizing their financial and other advantages compared with retiree drug subsidy (RDS) programs. We make the case for EGWPs by discussing:
- The two EGWP options for Medicare Part D
- Why switch to this type of plan
- Finding a cost effective way to administer an EGWP