Retirees would have a group and or a choice of individual medical
plans while enjoying greater flexibility with plan design and
options. National Seniors Coalition enables employers, municipalities and unions to exit the retiree medical business while still offering a group plan. The employer would have no relationship or obligation to the trust, carrier, policy or cost of coverage. The trust or VEBA would be the applicant and policy holder and would directly communicate with the carrier, arrange for the administration of the plan, arrange for the collection
and payment of premiums from the retirees and perform all other aspects of the plan.
National Seniors Coalition can accommodate contributions toward the cost of coverage (either on a current or pre-funded basis) or other involvement from the employer from whom the retirees retired. Flexibility is a key element in plan design.
Retirees would have a group and or a choice of individual medical plans while enjoying greater flexibility with plan design and options. A better prescription benefit design will also benefit participants. VEBA status for the retiree group would permit a tax-free vehicle for participant contributions.