Strategy

Effective Group Medicare plan design begins with a comprehensive benefit analysis. After an assessment of requirements, preferences, and long-term financial goals, LaborFirst collaborates with you—and your broker or consultant—to determine the most advantageous product and plan design. Our options for union- and employer-sponsored plan products include:

• Medicare Advantage (MA)
• Medicare Advantage Prescription Drug (MAPD)
• Medicare Part D Prescription Drug (PDP)
• Group supplement to Medicare

There are many factors to consider in building out a plan: product types such as an HMO or PPO, ancillary benefits like dental and vision, co-pays, deductibles, out-of-pocket costs, formularies, network coverage, etc. These components are structured into a range of options that will fit your financial goals while providing your members with choice and flexibility.

We leverage our partnerships with national and regional carriers to negotiate the market’s best proposal options. All carrier proposal options are reviewed and vetted before our team creates plan comparisons, benefit options, and cost analyses to present.