Health Insurance Coverage in Retirement
Author : Christian E. Weller
Publisher :
Page : 76 pages
File Size : 27,79 MB
Release : 2004
Category : Health insurance
ISBN :
Author : Christian E. Weller
Publisher :
Page : 76 pages
File Size : 27,79 MB
Release : 2004
Category : Health insurance
ISBN :
Author : Judith F. Mazo
Publisher : University of Pennsylvania Press
Page : 288 pages
File Size : 18,98 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 : Hinda Chaikind
Publisher :
Page : pages
File Size : 31,58 MB
Release : 2007
Category :
ISBN :
With the retirement of the baby boom generation looming ahead, employers offering coverage to their retired workers will face a huge future financial commitment. Some employers have already reduced or eliminated their commitment to insure their retirees. Recent trends indicate that retiree health benefits are increasingly subject to higher beneficiary cost-sharing. Further, among employers who provide health insurance for current retirees, their current workers are less likely to be guaranteed these benefits upon retirement. This report discusses issues regarding health insurance coverage for retirees.
Author : United States. Social Security Administration. Office of Research and Statistics
Publisher :
Page : 84 pages
File Size : 29,47 MB
Release : 1970
Category : Health insurance
ISBN :
Author :
Publisher :
Page : 0 pages
File Size : 16,66 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 :
Publisher :
Page : 64 pages
File Size : 46,90 MB
Release : 1999
Category : Government employees' health insurance
ISBN :
Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Health
Publisher :
Page : 242 pages
File Size : 10,40 MB
Release : 1992
Category : Business & Economics
ISBN :
Author : Jonathan Gruber
Publisher :
Page : 60 pages
File Size : 43,66 MB
Release : 1993
Category : Health insurance
ISBN :
Although the vast majority of working individuals aged 55-64 receive health insurance coverage through their employment, many of these individuals face the prospect of losing such coverage should they retire before becoming eligible for guaranteed public coverage through Medicare at age 65. Because the expected medical expenses of this group are large and uncertain, the availability of health insurance coverage after retirement could be a key factor in the retirement decision of older workers. We examine the effect of health insurance on retirement by looking at variation in state and federal 'continuation of coverage' mandates, laws which allow individuals to continue purchasing health insurance through a previous employer for a specified number of months after leaving the firm. By allowing individuals to maintain their employer-provided health insurance after retirement, these laws decrease the cost of early retirement for those who do not have other retiree health insurance available. Using data on 55-64 year old men from the Current Population Survey, we find that one year of continuation benefits increases the probability of being retired by 1 percentage point; this represents a 5.4 percent increase in the baseline probability of being retired for this group. We also find that continuation mandates increase the likelihood of being insured after retirement.
Author : United States. General Accounting Office
Publisher :
Page : 32 pages
File Size : 27,34 MB
Release : 1997
Category : Health insurance
ISBN :
Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
Publisher :
Page : 128 pages
File Size : 11,53 MB
Release : 1990
Category : Health insurance
ISBN :