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Zero Plan Disruption for Retirees
Zero Plan Disruption for Retirees
EGWP's allow plan retiree's to keep the same pharmacy benefits without interruption or additional costs, while the plan provider realizes significant cost savings.
Retiree Prescription Drug Plans
Retiree Prescription Drug Plans
Under an EGWP the PDP handles main administrative requirements, manages all federal interaction, collects federal Part D plan subsidies and assumes compliance responsibilities.
Employee Group Waiver Plans
Employee Group Waiver Plans
EGWP's are commonly referred to as Egg Whips and provide generous cost savings combined with improved cash management.
 
 

Monthly Archives: | March, 2014

Vermont State Retired Employees and Teachers Switch to EGWP for Savings

Vermont Retirees Switch to EGWP for Drug Benefits Vermont state retired employees and teachers switch to EGWP for their retiree prescription plan drug benefits.  According to VTDigger.com, federal subsidies provided by a switch to EGWP plan will save the state 2.1 million to 2.6 million annually.  In addition, the state’s future liabilities for OPEB’s will be reduced by over $100 million. According to VTDigger, Vermont state Human Resources Commissioner Kate Duffy is quoted as saying “There’s a lot of talk

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