<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Learn More

ASGN Employees: Navigating the Essentials of Medicare Advantage Plans for Your Retirement Health Needs

image-table

Healthcare Provider Update: Offers medical, dental, vision, mental health, and disability coverage, along with HSAs, FSAs, and wellness programs 8. With ACA subsidies expiring, ASGNs flexible benefits and mental health resources help employees manage rising healthcare expenses. Click here to learn more

Medicare Advantage, sometimes known as “Part C,” is something of a catch-all choice for ASGN employees who are ready to sign up for Medicare. Medicare Advantage plans are offered by private insurers in conjunction with the Medicare program and can provide you with additional health insurance coverage.

What’s in them?
In addition to signing up for Medicare Part A (hospital stays) and Part B (medical coverage), Medicare Advantage plans offer their subscribers extra features. This frequently, but not always, includes the Medicare Part D prescription drug plan. In some cases, Medicare Advantage plans offer coverage for areas not normally offered within regular Medicare plans. This can include dental, hearing, and vision insurance.

What are the rules?
Medicare pays for a fixed amount of your health care to ASGN offering your Medicare Advantage (MA) plan. Beyond that, each MA plan requires different out-of-pocket fees. Those fees can vary from plan to plan. Depending on your plan, you may have different rules you need to follow when seeking a medical referral to get treatment from a specialist or if you are seeking non-urgent care (even from health care providers within the plan). It’s also important to remember that rules, requirements, and features may change from year to year. It will be important to make sure that those changes line up with any treatment that you need.

Featured Video

Articles you may find interesting:

Loading...

What about my prescriptions?
While most MA plans offer Part D coverage for prescription drugs, some don’t. One example would be Medicare Medical Savings Account plans. In cases where the plan can’t or chooses not to offer prescription drug coverage, you may have the ability to join a separate Medicare Prescription Drug Plan, depending on the type of plan you enroll in. You will likely have a number of questions and concerns as you examine your options for Medicare Advantage plans. Discuss these with a trusted financial professional who can help you make choices that may best fit your lifestyle.

1. Medicare.gov, 2022

What is the ASGN 401(k) plan?

The ASGN 401(k) plan is a retirement savings plan that allows employees to save for retirement on a tax-advantaged basis.

How can I enroll in the ASGN 401(k) plan?

You can enroll in the ASGN 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.

What types of contributions can I make to the ASGN 401(k) plan?

Employees can make pre-tax contributions, Roth (after-tax) contributions, and, in some cases, catch-up contributions if they are age 50 or older.

Is there a company match for contributions to the ASGN 401(k) plan?

Yes, ASGN offers a company match for employee contributions, which helps enhance your retirement savings.

What is the vesting schedule for the ASGN 401(k) plan?

The vesting schedule for the ASGN 401(k) plan typically depends on the length of service and the specific terms outlined in the plan documents.

Can I take a loan against my ASGN 401(k) plan?

Yes, ASGN allows participants to take loans against their 401(k) balance, subject to the terms and conditions of the plan.

What investment options are available in the ASGN 401(k) plan?

The ASGN 401(k) plan offers a variety of investment options, including mutual funds, target date funds, and other investment vehicles.

How often can I change my contribution amount to the ASGN 401(k) plan?

Employees can typically change their contribution amounts to the ASGN 401(k) plan at any time, subject to the plan's rules.

When can I start withdrawing funds from my ASGN 401(k) plan?

You can begin withdrawing funds from your ASGN 401(k) plan without penalties after reaching age 59½, or in the event of a qualifying hardship.

Does ASGN provide educational resources for managing my 401(k) plan?

Yes, ASGN provides educational resources and tools to help employees understand and manage their 401(k) plan effectively.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
ASGN announced a restructuring plan to streamline operations and focus on core business areas. This includes potential layoffs and reorganization within the company to improve efficiency and profitability.
New call-to-action

Additional Articles

Check Out Articles for ASGN employees

Loading...

For more information you can reach the plan administrator for ASGN at 26745 Malibu Hills Rd Calabasas, CA 91301; or by calling them at +1 818-878-7900.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for ASGN employees