Retiree Health Trends and Implications of Possible Medicare Reforms
The availability of employer-sponsored retiree health benefits from large companies has declined since 1991, according to a new study conducted for the Kaiser Family Foundation by Hewitt Associates LLC. The study also shows that the number of big businesses charging premiums, tightening eligibility requirements, encouraging use of managed care, and placing dollar caps on coverage increased. In addition, the report concluded that potential changes in the Medicare program, such as a higher eligibility age, could accelerate the decline in retiree benefits by shifting additional health care coststo employers and retirees and thus encouraging companies to scale back or eliminate retiree plans.
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- News Release: New Study Shows Decline in Retiree Health Benefits
- Fact Sheet
- Fact Sheet
- Report
- Report
Also of Interest
- Medicare Advantage Has Become More Popular Among the Shrinking Share of Employers That Offer Retiree Health Benefits
- Retiree Health Benefits: Going, Going, Nearly Gone?
- In 2024, A Majority of States Offer Medicare Advantage Plans to Their State Retirees, with 13 Offering Medicare Advantage Exclusively