Take Command Health has made several improvements to our service offerings and platform just in time for open enrollment, including partnering with LIG Solutions to make it easier to find the right Medicare solution to integrate with an Individual Coverage HRA (ICHRA).
If you have Medicare-eligible employees, LIG Solutions’ white glove service will help them find the right Medicare Advantage and Medicare Supplemental plans that are designed to help cover the costs of various deductibles, co-payments and coinsurance charges that Medicare alone does not include.
As a concierge service for those in need of Medicare coverage, LIG Solutions and Take Command Health have partnered to make it easy to sign up for Medicare plans that are reimbursable through an employer-sponsored HRA.
The process is simple, streamlined and coordinated. All employees have to do is choose a coverage option from leading insurance companies based on where they live and their individual needs, then submit proof of coverage to Take Command Health, along with receipts for eligible care, and get reimbursed tax-free.
Medicare and ICHRA: What to know
Enrollment in Medicare is a great way to participate in an employer’s ICHRA, but it’s important to understand how ICHRA and Medicare integrate and what the rules are.
When you're signing up for Medicare, there are two routes you can go. The first is "Medicare Advantage”—these are the newer arrangements that have all of the parts mushed together. You buy one Medicare Advantage plan and you're covered. They usually have a $0 premium but are tied to a single system (sort of like a hospital HMO network).
The second route is Medicare Supplements. That's where you choose your own Part C and Part D plans. You still have to have A & B.
- To qualify for an ICHRA, the employee eligible for Medicare must have coverage of Part A and Part B together or Part C. Part B by itself doesn't qualify.
- ICHRA may be used to reimburse premiums for Medicare and Medicare supplemental health insurance (Medigap), as well as other medical care expenses. Premiums for Parts A,B, C, D, and Medigap policies are all eligible for reimbursement.
About LIG Solutions
Headquartered in Cleveland, Ohio, LIG Solutions specializes in offering comprehensive, turn-key insurance solutions for associations, societies, NGB, membership organizations, and other affinity groups. With more than 30 years of combined experience in the health, life, and Medicare insurance industry, LIG has successfully distributed more than 60,000 insurance policies nationwide per year and delivers member benefit programs centered on health and wellness initiatives to drive retention and engagement with the communities/marketplaces they serve.