In today's turbulent health benefits environment, it's increasingly difficult for organizations to continue providing retiree medical coverage to former employees.

NEBCO understands the challenge. We know the enormous financial and administrative burdens involved. We understand FASB liability regulations, customer service issues, voluntary plan options and the need for a viable exit strategy. And we have the solution.

Our Retiree Benefit Advantage™ allows companies to move retiree benefits out of their existing benefit program into a separate insured solution. By “carving out” retirees into a separate plan, your clients can meet the challenge of providing and maintaining quality retiree medical benefits while minimizing administrative costs and lowering balance sheet liabilities.

RBA offers comprehensive benefits for retirees, including a prescription drug plan. It also provides exceptional customer service. Our Customer Care Center is staffed with professionals who are dedicated to servicing retiree medical customers.

In addition to providing state-of-the-art call center services, we handle all aspects of benefit administration, from open enrollment to billing and collections. This means your clients can free up staff and save time and money. No more claims Administration or service administration fees. No more fund legal or fund actuarial fees (for self-funded plans). And no more PPO access, Prescription Benefit Manager or RX dispensing fees.

Retiree Benefit Advantage highlights:

• Nationwide availability
• Affordable rates
• Can be offered on a voluntary basis
• Reduces clients' FASB, GASB or SOP-92 liability
• Flexible billing options (group bill / split bill)
• Customizable prescription drug plans
• Electronic claims payment
• AM Best A- or better carriers
• Retirees have access to a custom-built website for their benefit plan
• Supported by an in-house dedicated Customer Care Center

Our breadth of options and unsurpassed industry knowledge allow us to provide the most effective and cost-efficient combination of benefits to organizations, associations or municipalities regardless of size.