The Health Care Benefits of Retirees
Author : Madelon Lubin Finkel
Publisher :
Page : 152 pages
File Size : 13,98 MB
Release : 1991
Category : Business & Economics
ISBN :
Author : Madelon Lubin Finkel
Publisher :
Page : 152 pages
File Size : 13,98 MB
Release : 1991
Category : Business & Economics
ISBN :
Author :
Publisher :
Page : 64 pages
File Size : 22,84 MB
Release : 1999
Category : Government employees' health insurance
ISBN :
Author : Judith F. Mazo
Publisher : University of Pennsylvania Press
Page : 288 pages
File Size : 44,66 MB
Release : 1994
Category : Health insurance
ISBN :
This volume, from the Pension Research Council of the Wharton School, highlights many of the special health insurance problems facing the elderly and some of the solutions that any reform process must consider.
Author :
Publisher : DIANE Publishing
Page : 42 pages
File Size : 36,96 MB
Release : 2001
Category :
ISBN : 1428949372
Author : New York (State). Department of Civil Service
Publisher :
Page : 286 pages
File Size : 22,24 MB
Release : 1887
Category : Civil service
ISBN :
Author : Federal Employees Health Benefits Program (U.S.)
Publisher :
Page : 36 pages
File Size : 22,11 MB
Release : 2000
Category : Annuities
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 32 pages
File Size : 12,98 MB
Release : 1993
Category : Employee fringe benefits
ISBN :
Author :
Publisher :
Page : 0 pages
File Size : 36,23 MB
Release : 2006
Category :
ISBN :
Many retirees depend on their former employer for retirement health insurance, either as their sole source of coverage for those under 65 or as a supplement to their Medicare coverage once reaching age 65. However, the future of these benefits is uncertain. With the retirement of the baby boom generation looming ahead, employers offering coverage to their retired workers will face a huge future financial commitment. For this reason, many employers are re-examining their commitment to providing retiree health benefits. Some employers have already reduced or eliminated health insurance coverage for their retirees. Further, among employers who provide health insurance for current retirees, their current workers are less likely to be guaranteed these benefits upon retirement. An important feature of employer-sponsored health insurance, for retirees and current employees, is that it is voluntary -- employers are not required to offer health insurance. Additionally, there are few protections to prevent employers from cutting or eliminating benefits, unless the employer has made a specific promise to maintain the benefits or has a contractual agreement with either the employee or a labor group. As a result, even among retirees who currently have employer-sponsored retiree health insurance, benefits are eroding as employers shift costs to retirees by increasing premiums, copayments or deductibles. For companies in bankruptcy, retiree health benefits are particularly vulnerable. Unlike defined benefit pensions that offer some protections for employees of companies in bankruptcy through the Pension Benefits Guaranty Corporation, there are no similar protections for retiree health benefits. There are a wide variety of policy options currently being discussed that endeavor to make retiree coverage more available or affordable, or even to require that employers maintain coverage. However, when considering any option, it is also essential to consider the relationship between retirees' health insurance and insurance for current workers. The concept of special treatment aimed solely at protecting the retiree population, without an equivalent treatment for current workers, could lead to inequitable outcomes. Thus, any statutory requirement providing retirees with health insurance coverage should be examined in the broader context of all employersponsored coverage. This report will be updated to reflect legislative activity.
Author : Christian E. Weller
Publisher :
Page : 76 pages
File Size : 35,76 MB
Release : 2004
Category : Health insurance
ISBN :
Author : United States. Social Security Administration. Office of Research and Statistics
Publisher :
Page : 84 pages
File Size : 11,55 MB
Release : 1970
Category : Health insurance
ISBN :