netWell launches SilverShield for Medicare members

netWell has introduced SilverShield, a new health care sharing membership for adults 65 to 84 enrolled in Original Medicare Parts A and B. The program is designed to help cover some remaining out-of-pocket costs after Medicare pays approved medical claims.

Why it matters: - SilverShield is aimed at Medicare members who still face out-of-pocket expenses after Medicare processes a claim. - The new membership is meant to give adults on fixed or uncertain retirement incomes another layer of support without replacing Medicare. - netWell is expanding its offerings for people whose health care needs do not fit neatly into traditional coverage categories.

What happened: - netWell, a nonprofit Health Care Sharing Ministry, launched SilverShield for eligible adults ages 65 through 84. - The membership is designed for people actively enrolled in Original Medicare Parts A and B. - Medicare remains the primary payer, and approved medical services are processed by Medicare first. - Eligible remaining Medicare cost-sharing expenses can then be submitted for sharing through SilverShield under the membership guidelines.

The details: - SilverShield is intended to help manage certain health care costs that can remain after Medicare pays its share. - The program includes access to netWell Platinum Dental and Revive telehealth and prescription resources. - netWell said SilverShield is one of several health sharing memberships it offers to help lower health care costs. - Those memberships also include access to nationwide networks, dental coverage and medical bill negotiation services. - netWell is a nonprofit, 501(c)(3) ministry built around members who share common religious and ethical beliefs and voluntarily share eligible medical needs. - The ministry says its mission is rooted in loving and serving others by helping carry one another’s burdens.

Between the lines: - SilverShield is designed as a supplement to Medicare, not a substitute. - The launch suggests netWell sees demand among older adults for coverage-like help with remaining medical bills and related services. - The model reflects a broader strategy to serve members across different life stages with offerings tailored to specific needs.

What’s next: - Eligible members can join SilverShield if they meet the age and Medicare enrollment requirements. - netWell is positioning the program as part of a wider set of tools for members seeking cost support and access to additional health resources. - The company says Medicare will stay at the center while SilverShield handles eligible expenses that remain after Medicare adjudication.

The bottom line: - SilverShield adds a Medicare-focused option for older adults who want help covering gaps left after traditional Medicare payments. More information