Report: Employers Rethinking Health Coverage for Retirees
More than 40% of employers are contemplating ending group health plans for retirees who do not yet qualify for Medicare because of the federal health reform law, according to a report by Towers Watson and the International Society of Certified Employee Benefit Specialists. The report notes that the employers intend to encourage pre-Medicare retirees to purchase coverage through the state-based health insurance exchanges that launch in 2014.
- "Employers Plan To End Retiree Health Coverage" (Brandon, U.S. News & World Report, 6/17).