I knew few baby boomers who are actually retired. And though they dream of golfing on a Tuesday, they are hesitant to stop working all together.
Who can blame them? The latest estimate on retiree health costs is just short of a quarter million. As if the price tag wasn't hard enough to swallow, if they're a few years shy of Medicare eligibility, pre-retirees know how hard it is just to secure health care.
We all remember when health reform tried to help with this problem through a $5 billion program for early retiree coverage. The program was supposed to provide assistance to employers until Jan. 1, 2014, but the money ran dry less than two years after the program started.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
