Thursday, March 15, 2012

Health plans for retirees facing more uncertainty

One of the most attractive employee benefits, health-careinsurance for retirees, is being re-examined by many companies.Older workers, particularly those close to retirement, should expectto pay more for the benefit - or find it tougher to qualify forcoverage.

Offered by most large companies and many small ones, retireehealth-care plans typically offer those retiring under age 65 acontinuation of the same medical coverage they enjoyed when working.For retirees over 65, the coverage generally supplements Medicare.

Such plans have been quite useful as the nation's demographicschange and the percentage of retirees or near-retirees in thepopulation grows. Such …

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