Because of the baby boom, a lot of employees are currently entering retirement. What does this mean for employers? Furthermore, what does it mean for employees? Well, companies that offer retiree health insurance face a dilemma. Fortunately, there are some great flexible group retiree health insurance options. These solutions can help mitigate employer risk while also offering up comprehensive coverage for retirees.So how do retiree health coverage companies work? Well, they help to reduce the medical inflation that puts pressure on retirees. They provide solutions that can help both employers and employees. But how is it done? Well, a good group retiree insurance plan will often integrate with Medicare. The use of Medicare allows companies to take advantage of Medicare’s coverage and also its cost-containment. Furthermore, most group retiree plan companies will separate the active employee medical plan and the retiree plan, as the different groups have different needs which require divergent coverage. This will also allow both plans to be more efficient in terms of their coverage and is especially effective for retirees who have varying medical needs with aging. A good group retiree insurance plan will help to fulfill all obligation to retirees and provide comprehensive coverage that will alleviate any worries associated with retiring.These insurance plans will help aid those in retirement by paying Medicare-eligible deductibles, co-payments and medical expenses that Medicare doesn’t include. This will help the burden often associated with entering retirement by lowering costs. Retiree health insurance companies should be able to provide a lot of options and features when it comes to different plans. Some of these offerings should include the availability to support different group sizes. Depending on the size of the group, the retiree health insurance plan company should be able to accomodate for and customize a plan for your organization. Furthermore, the spouses of retirees must be considered, for those entitled to Medicare and the coverage will be guaranteed.A group retiree health company should also help control overall costs associated with the plan. This can often be accomplished by dividing plans into the categories of voluntary and non-contributory. Further distinctions may be made that will help best accommodate coverage as well as control cost. Additionally, prescription drug plans may be accessed through separate providers. This will help to integrate billing features. Employers should be able to choose a unique and customized prescription drug plan that will help facilitate coverage for all retirees.This integration should also apply to Medicare. In this feature, Medicare will pay first and the group plan will pay after.There are a variety of companies you could choose from for your organization’s group retiree health plans and benefits. But, none stand up to Benistar, the industry standard in retiree benefits and group prescription drug plans. Benistar is the best option for fulfilling an obligation to retired employees and making everyone happy, employer and retiree alike.