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As active employees move into a retiree population, health care decision-making also changes. Some companies provide a subsidy to the retiree population for purchasing health care on their own, but the tracking of that subsidy and the associated premiums create stress on an already overworked HR department.
For years, SelectQuote Seniors retiree product has put the administrative load particularly when an employer provided a subsidy to the retiree on the employer.
Kalish is a fomer managing editor of SourceMedia’s Employee Benefits Group.
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