The League of Iowa Human & Civil Rights Agencies

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Companies exit retiree health benefits programs

Posted by Iowa Civil Rights Commission on December 3, 2009 at 3:25 PM

Large U.S. employers are continuing to shift health coverage costs to retirees or are getting out of the retiree benefits business altogether, according to a recent survey. Retirees who are not yet eligible for Medicare (those younger than 65) will be hardest hit next year as they attempt to balance fixed incomes with steady increases in health coverage costs, reports Towers Perrin’s 2010 “Retiree Health Care Cost Survey.”

 

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Categories: Age, Hate Crimes, EEOC

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