The Medicare Planning Fringe Benefit® (MPFB) is a cost-saving
employer sponsored benefit that motivates Eligible Plan Members (EPMs) to
transition from their Employer Health Plans (EHPs) to suitable, lower cost
Medicare plan options. Adoption of the MPFB can produce significant cost
savings for Large Plan Sponsors (LPS) X1 (EHPs with >500 plan members)
and EPMs.
This article provides a Case Study illustrating significant net cost savings for
LPS and EPMs. We explain the nature of the LSP/Part B Dual Enrollment
Problem that many EPMs are affected by, and we then describe how the
MPFB addresses those issues. After that, we introduce the Medicare
Planning Fringe Benefit® Pilot Program and the vital role this business
solution can play solving a problem that has cost the U.S. economy more
than One Trillion Dollars since 1980.