In a move to retain baby boomers who have a tendency to leave credit unions after a certain age, CUNA Mutual Group has partnered with Humana Inc. to offer a suite of Medicare products.

For credit unions, the alliance will bring a choice of several Humana Medicare Advantage plans, which are Medicare supplement plans that cover gaps in original Medicare coverage for deductibles and co-insurance and Part D prescription drug coverage to serve as an addition to the standard Medicare program.

The Medicare suite will be offered this year through CUNA Mutual's MemberCONNECT direct-to-member distribution channel. Targeted members of participating credit unions are able to take advantage of the remaining 2009 enrollment period for the Medicare product, which is Nov. 15 through Dec. 31. "Targeted" means selecting the right product for members for their age, said Jeff Hunt, consumer program manager at CUNA Mutual. The products will also be available to credit unions not enrolled in MEMBERConnect, but they will have to complete paperwork to participate.

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