With help from Aon Retiree Health Exchange, a growing number of employers are simplifying the process of providing ongoing health insurance for retiring employees –– and saving on administrative costs at the same time.
As the global leader in human resource solutions, we offer one of the industry’s most comprehensive private retiree exchange solutions including:
Aon Retiree Health Exchange empowers your company to offer an all-inclusive suite of health plan options through an innovative, user-friendly exchange –– a perfect alternative to providing traditional group-sponsored health coverage and the costly support it requires. In combination with state-of-the art decision support tools, your retirees receive clear and comprehensive education, step-by-step guidance, and access to a wide array of health insurance plans in their specific geographic area.
Our proprietary benefits platform administers more than 10,000 unique health plan designs and is designed for scale, compliance and integration. Qualifying Aon Retiree Health Exchange clients benefit from this robust framework and our built-in ability to handle enrollment for companies with 100 retirees or more.
Aon Retiree Health Exchange services include end-to-end transition support from initial financial analysis for employers, to plan comparison, purchase and enrollment, and post-enrollment support and advocacy for individuals making coverage choices.
We partner with over 100 leading insurance carriers nationwide, including Aetna®, Anthem®, Blue Cross and Blue Shield®, Cigna®, CVSTM / SilverScript®, Delta Dental®, Humana®, Mutual of Omaha®, UnitedHealthcare®, Vision Service PlanTM (VSP), among others. So your company’s employees are sure to find the coverage that meets their needs and preferences.
To date, we’ve helped nearly 500,000 retirees successfully transition to the individual insurance market by providing objective, trusted and personalized guidance. Our services include:
Advanced education and decision support tools, including a user-friendly website, make it simple for retirees to understand their health care options before, during and after enrollment. These tools are critical in reassuring the retiree that they can confidently select health care plans that meet their individual needs.
Access to a wide range of health plan options, including Medicare Advantage, Medicare Supplement, Prescription Drug, Dental, Vision and other plan types available from local, regional and national carriers.
Access to professional, licensed Benefits Advisors who work with retirees one-on-one, to understand their needs and help them find and enroll in the right plan. Annual follow-up ensures that retirees remain satisfied with their insurance plan choices, along with unlimited support for those who need to enroll in an alternate plan if their needs change.
Interactive website containing detailed plain-language information on major types of health insurance products, along with robust educational resources that keep pace with rapidly shifting regulatory and market changes. We encourage retirees to use our guided online shopping interface, which utilizes methodical decision-making based on the user’s priorities and preferences to choose plans that meet their needs.
HEALTH REIMBURSEMENT ACCOUNT
For clients who choose to offer Health Reimbursement Accounts (HRAs) to their employees, our integrated website provides online user tools that help make planning for health care expenses as seamless as possible. Retirees can access their funding and reimbursement information 24/7.
Our commitment doesn’t end after the transition. Our advocates help with ongoing support for retirees who need help resolving problems with insurance carriers, benefits and claims issues –– for the lifetime of the relationship.
The Aon Retiree Health Exchange is the only exchange recommended by the National Council on Aging (NCOA) for continually meeting rigorous standards of excellence.
Aon also received an A+ rating from the Better Business Bureau for quality and competency in assisting retirees in navigating Medicare health insurance.
Let Aon Retiree Health Exchange help your business take the next step
If you would like to find out how Aon Retiree Health Exchange can help optimize your business strategy and transform your health care resources, please contact us. One of our sales strategists will contact you within two business days.