New Medicare Benefit for Chamber Members
The Tri-County Regional Chamber has partnered with Fenyx Health and Henderson Insurance Group to offer eligible Chamber members, business owners, employees, retirees, and spouses access to a Group Medicare Advantage Medical Savings Account (MSA). This plan features a $0 monthly plan premium and deposits money into a personal MSA bank account that can be used for qualified medical expenses. Any unused funds remain yours and roll over for future healthcare needs.
The plan also provides access to Medicare-participating providers nationwide without additional referrals or prior authorization requirements. Members pay Medicare-approved expenses until the plan’s deductible is met, after which the plan covers 100% of Medicare-approved Part A and Part B costs for the remainder of the year.
To qualify, participants must be enrolled in Medicare Parts A and B and continue paying their monthly Part B premium. Everett Henderson is available to explain the plan and help members compare it with other Medicare Advantage, Medicare Supplement, and prescription drug options.
Employers - Offer goodwill and great Medicare coverage at $0 cost
• Enjoy the goodwill of offering Medicare Advantage coverage at no cost with our standard plans
• Perfect for groups who offer, used to offer or have never offered retiree health benefits
• Can offer to Medicare-eligible retirees for any sized employer (sole proprietors welcome!), government, union, PEO or employment-related association
• Available in all 50 states plus D.C., with nationwide access to Medicare providers
• Low admin – not subject to ERISA and easy enrollments/renewals
• The MA plan type most similar to Health Savings Accounts (HSAs)
• The only MA plan with an upfront cash payment that beneficiaries can spend, save or invest
• The annual deposit funds primarily stay in and support the local community
• Multiple options available to groups desiring to contribute monies to beneficiaries’ care