The TAGCO MET provides a way for small to medium and even large employers a way to sponsor and offer Retiree Medical and Rx benefits to their retirees on a Mandatory or Voluntary basis, i.e. an employer can make available the much needed group medical and Rx benefits with or without a financial contribution or commitment;
The TAGCO MET allows smaller employers to purchase and/or make available a Retiree Medical program that is generally unavailable in the individual, association and small group marketplace;
The TAGCO MET establishes a means whereby the employer can transfer the risk of insuring Medicare-aged retirees to insurance carriers who specialize in underwriting such risk;
The TAGCO MET creates a way for the sponsoring employer to “carve-out” the age and claims associated with its active plan and potentially create a more favorable underwriting risk and rate associated with its active medical plan(s);
The TAGCO MET offers employer plans that are fully insured, group rated and guaranteed issue to all eligible Medicare-aged retirees—regardless of age, gender or current health condition;
The TAGCO MET extends a way for employers to create executive carve-out plans and offer different plans for separate classes of retirees;
The TAGCO MET allots a way to provide Retiree Medical coverage to Medicare-aged directors of such participating employer;
The TAGCO MET gives guaranteed issue coverage to Medicare-aged retirees, spouses and/or surviving spouses;
The TAGCO MET presents flexibility in employer contribution amounts in the event(s) of future change;
The TAGCO MET supplies a variety of medical and Rx plans from which the sponsoring employer can choose for the purpose of achieving a Mandatory or Voluntary price point;
TAGCO Associates, LP and the TAGCO Multiple Employer Trust are truly unique in the national Medicare marketplace and offer both the brokerage community and employers a wealth of collective expertise via their carriers, administrators and other Medicare-related contacts. Further, TAGCO Associates, LP is positioned like no other wholesaler or carrier to provide dedicated service, expertise, marketing support, underwriting and pricing advantage to the brokerage community.