Stepping Into Medicare 2010
Stepping Into Medicare 2010
Introducing "Stepping Into Medicare 2010" 
a Blue Cross and Blue Shield of Illinois publication about the Medicare program, with helpful information for those turning 65 or helping someone who is eligible for Medicare.
The first wave of Baby Boomers turned 62 this year and began claiming Social Security benefits. According to new research from the National Association of Insurance Commissioners (NAIC), many Baby Boomers are confused about their post-retirement health insurance options, including their Medicare eligibility. In fact, a large majority of Boomers, 84 percent, said that access to health insurance was one of the most important factors when choosing a retirement date.
Medicare is the largest health insurance program in the nation, covering more than 44 million Americans.
Your Baby Boomer employees will come to you for help planning their retirement needs, but they may also need Medicare information as they respond to the needs of their aging parents. In fact, today one out of five employees is actively caring for an elder.
We understand that they will look to you for help.
That is why Blue Cross and Blue Shield of Illinois wants to provide you with the answers to their most pressing questions. In addition to this "Stepping Into Medicare 2010" guidebook to help you navigate their Medicare retiree health insurance issues, please logon to our Web site at www.bcbsil.com/over65 for more information about our products and services.
Retiree Rx Drug Coverage under the New Medicare Law
Under the new Medicare Law, employers have new options, including a federal subsidy to continue offering prescription drug coverage to their retirees and dependents.
Learn about the program and get information about how to qualify for the subsidy.
MSP Rules Matrix
A reference tool has been developed to simplify the application of Medicare Secondary Payer rules and help identify the primary claims payer in most Medicare situations. Four criteria are used to determine whether a company’s plan or Medicare is the primary or secondary payer:
- total number of employees
- reason for Medicare entitlement
- subscriber’s employment status
- plan paying primary prior to End Stage Renal Disease (if applicable)
Key rules and the criteria are explained on the reverse side of the matrix.
