Postretirement Medical

Plan design and communication services to ensure compliance and employee understanding of postretirement medical benefits.

As business and health care changes occur, there is often a need to reassess retirement programs. Stanton Group's actuarial consultants understand the effects of these changes on postretirement medical plans (SFAS No. 106). We can provide solutions and assist in implementation.

Often, when reassessing retirement plans, a decision is made to design new medical plans for retirees, or re-design existing postretirement medical plans. Escalating health care costs often lead to changes in providers, types of health plans, or different methods of cost-sharing between retirees and employers. Our actuarial consultants provide assistance in determining and implementing the most optimal approach to meet your business strategies and objectives while controlling costs. Stanton Group's actuarial consultants can also evaluate the cost impact of a merger, acquisition, or spin-off, and its potential effect on financial statements.

Enhancing employee communications improves employee understanding of retiree health benefits. With an increased understanding comes an increased satisfaction level. Stanton Group consultants can assist in developing communication materials that help employees better understand their retiree health plan.