How Small Missteps Can Jeopardize Retirement Readiness
Small missteps can lead to long-term financial strain for employees during retirement. Hello! I’m Shannon Sloane with Compassionate Insurance Solutions. Without HR support for Medicare transition, individuals might enroll too late and face Part B penalties. Others might continue paying for redundant coverage that Medicare could have replaced, or overlook cost-saving opportunities such as Medicare supplemental or Advantage plans. That’s why it’s important for HR teams to work closely with an agency like Compassionate Insurance Solutions so benefits managers can help employees who are leaving to provide compassionate offboarding and personalized Medicare transitioning, helping employees and their spouses avoid costly mistakes and retire with confidence.
Health insurance premiums are rising—and business owners are feeling it
In 2023, employer-sponsored health insurance averaged $8,000 for single coverage and $24,000 for family coverage, up 7% in just one year. If you opened your renewal letter to see another rate hike, you’re not alone. The good news? You’re not stuck with one-size-fits-all plans. At Compassionate Insurance Solutions, we help business owners explore alternatives that support your team while protecting your bottom line. From level-funded options to fully insured group plans and everything in between—we walk you through what’s possible so you can make an informed decision. 
Let’s talk about what the right solution could look like for your business.
Supporting Former Employees with Better Health
As an employer, it’s important to have a comprehensive resource for employees who leave the company to start their own business, retire early, or pursue other endeavors. Relying solely on COBRA is often insufficient, as finding comparable health insurance can be challenging. Many individuals face the daunting task of navigating the marketplace for major medical options or dealing with an overwhelming number of calls after submitting their phone number online. Others may resort to short-term policies, only to discover they do not cover pre-existing conditions. At Compassionate Insurance Solutions, we are dedicated to guiding these individuals through their options, ensuring they find the best and most affordable health insurance plans. We provide ongoing, personalized assistance to meet their unique needs and circumstances. Let us help your former employees transition smoothly and confidently into their new ventures with the right health insurance coverage.
Exclusively Health Insurance
I specialize exclusively in health insurance and know that many property, casualty, and life insurance agents often get inquiries about health coverage but may not have the time or resources to navigate the complexities of the market. Compassionate Insurance Solutions focuses on helping individuals, families, small business owners, and early retirees find the best health insurance solutions tailored to their needs. Whether it’s: 
Clients losing group coverage due to job changes or retirement Individuals facing high costs to add family members to employer plans Self-employed professionals and 1099 contractors needing affordable coverage COBRA alternatives and transition assistance for those losing benefits Small businesses exploring level-funded or fully funded group health plans Medicare guidance for those working past 65 or retiring early I provide hands-on, personalized service to ensure clients get the best coverage options and that you have a trusted expert to rely on to take care of your clients.
We help Employers and Individuals Navigate Affordable COBRA Alternatives.
COBRA costs the former employee 102% of the premium—and their claims still impact the employer’s plan, even after they’ve left the company. While it’s legally required to offer COBRA, providing voluntary alternatives can reduce costs and offer better solutions for everyone involved.
Whether you’re between jobs or starting something new, we’ll guide you through your coverage choices with clarity and compassion.
Health Insurance Doesn't Have to be Complicated
If you’re planning to retire before 65, health insurance can feel complicated, but it doesn’t have to be. Losing your employer coverage means you’ll need to find other health insurance options. That could be a COBRA, a marketplace plan, or another alternative. We’ll help you weigh the options so you can find coverage that fits your budget and health needs, keeping you protected every step of the way.
We Saved a Family $800 a Month from COBRA
We recently helped a family of four save $800 a month, who were paying over $2000 a month for COBRA after retirement. After reviewing their income, we qualified them for an advanced tax credit on the Marketplace, which cut their monthly cost by more than half while maintaining excellent coverage. We added gap coverage to help cover their deductibles and protect their savings. If you’re facing high health insurance premiums, we can help you explore your options to find a much more affordable solution.
