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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.
 
 

TrOOP

EGWP Options That Include Catastrophic Coverage

Didn’t think there are EGWP options that include catastrophic coverage?  Think again. EGWP options that include catastrophic coverage for medicare part D retirees in full compliance with CMS and federal agencies are on the rise.  Employer group waiver plans, or egg-whips, now have the additional benefit of being able to provide catastrophic coverage when the beneficiary reaches the $4,350 TrOOP level. As part of a Direct Contract EGWP, a company, union group, municipality or any other plan sponsor enters contracts

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