<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

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

image-table

Healthcare Provider Update: Healthcare Provider for Weis Markets Weis Markets offers its employees health insurance coverage through various providers, with a focus on major national insurers. In recent discussions, the need to evaluate options among different insurers has been highlighted due to expected premium increases in the Affordable Care Act (ACA) marketplace. Potential Healthcare Cost Increases for Weis Markets in 2026 As the healthcare landscape shifts, Weis Markets employees should prepare for significant increases in health care costs in 2026. With ACA premiums projected to rise sharply-some states anticipating hikes over 60%-the majority of workers relying on employer-sponsored plans may see greater out-of-pocket expenses. Factors driving these hikes include the potential expiration of enhanced federal subsidies and consistently rising medical costs. Employees are advised to review their benefit options and plan for the potential financial impact ahead to navigate this challenging environment effectively. Click here to learn more

Medicare Advantage, sometimes known as “Part C,” is something of a catch-all choice for Weis Markets 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 Weis Markets 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 type of retirement plan does Weis Markets offer to its employees?

Weis Markets offers a 401(k) retirement savings plan to its employees.

Is participation in the 401(k) plan at Weis Markets mandatory?

No, participation in the 401(k) plan at Weis Markets is voluntary.

What is the minimum age requirement to participate in the Weis Markets 401(k) plan?

Employees must be at least 21 years old to participate in the Weis Markets 401(k) plan.

Does Weis Markets match employee contributions to the 401(k) plan?

Yes, Weis Markets offers a matching contribution to employee contributions to the 401(k) plan, up to a certain percentage.

How can employees enroll in the 401(k) plan at Weis Markets?

Employees can enroll in the 401(k) plan at Weis Markets by completing the enrollment process through the company's benefits portal.

What are the contribution limits for the Weis Markets 401(k) plan?

The contribution limits for the Weis Markets 401(k) plan are in line with IRS regulations, which may change annually.

Can employees take loans against their 401(k) savings at Weis Markets?

Yes, Weis Markets allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.

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

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

How often can employees change their contribution amount to the Weis Markets 401(k) plan?

Employees can change their contribution amount to the Weis Markets 401(k) plan at any time, subject to plan rules.

What happens to my 401(k) savings if I leave Weis Markets?

If you leave Weis Markets, you can choose to roll over your 401(k) savings into another retirement account or withdraw the funds, subject to taxes and penalties.

New call-to-action

Additional Articles

Check Out Articles for Weis Markets employees

Loading...

For more information you can reach the plan administrator for Weis Markets at , ; or by calling them at .

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Weis Markets employees