As the cost of prescription medication continues to increase and more people rely on them for their care, prescription coverage is an affordable and appreciated benefit to offer retiring employees. One of the most cost-effective ways to do this is with an Employer Group Waiver Plan (EGWP). An EGWP is a Medicare Part D prescription drug plan (PDP). A wrap can be added to an EGWP to mirror an employer’s current plan or customize it to meet their needs.
Elixir Insurance offers:
An EGWP allows employers to budget for drug costs effectively and affordably, without affecting retiree benefits. To learn more about our EGWP solutions, complete the form to the right.