Whirlpool boosts retiree copay

Reynolds, Allison
June 2003
Business Insurance;6/23/2003, Vol. 37 Issue 25, p4
Benton Harbor, Michigan-based Whirlpool Corp. is redesigning its retiree health care program to sharply limit its exposure to rising costs, while ensuring that retirees continue to have coverage. The plan, which strongly resembles a pioneering program of computer company, IBM Corp. launched in 1999, reflects the growing trend of companies to rein in their once open-ended retiree plan obligations by putting finite limits on corporate contributions to these plans.


Related Articles

  • Employers should prepare retirees for Medicare Part B surprise in premiums. Palmieri, Frank // Employee Benefit News;Sep2007, Vol. 21 Issue 12, p73 

    The article advises U.S. employers to prepare retirees for Medicare Part B surprise in premiums. Although employees may enjoy a high standard of living in retirement, they will also be responsible for paying a greater portion of the cost for their Medicare Part B coverage. Part B pays for...

  • Do the Healthy Have Lower Lifetime Healthcare Costs?  // Journal of Financial Planning;Jul2010, Vol. 23 Issue 7, p14 

    The article presents the result of the study conducted by the researchers at the Center for Retirement Research at Boston College, Massachusetts, which shows that healthy retirees in the U.S. face higher total healthcare costs over their lifetime.

  • Retiree Insurance Benefits: Enforcing Employer Obligations. Page, Leonard R. // Labor Law Journal;Aug87, Vol. 38 Issue 8, p496 

    The article discusses the need for some form of national health insurance in order to resolve the problem of the rising cost of health care premiums for retirees. According to a Louis Harris survey, the number of retirees covered by the health care plans is expected to increase by 1997. The U.S....

  • Still unclear how to report Rx subsidy.  // Business Insurance;3/22/2004, Vol. 38 Issue 12, p10 

    The article presents information on the U.S. Medicare Prescription Drug, Improvement, and Modernization Act. On December 8, 2003, U.S. President George W. Bush signed into law the Medicare Prescription Drug, Improvement, and Modernization Act of 2003. This Medicare reform legislation has...

  • Health expenditure and finance: who gets what? Doherty, Jane; McIntyre, Di // Bulletin of the World Health Organization;1999, Vol. 77 Issue 2, p156 

    Outlines the methods used in South Africa's policies to assess its health care expenditure. Measures adopted in the country to make the process acceptable during the period of political transition; Estimation of indicators of access to public sector resources.

  • Industry beats government on health care reform.  // Best's Review / Life-Health Insurance Edition;Dec94, Vol. 95 Issue 8, p58 

    Reports on survey showing that the escalation of health care costs has moderated and that the health care market is moving ahead of Washington. Rate of increase in health insurance premiums; National survey by KPMG Peat Marwick's compensation and benefit practice.

  • Reforming the reform, again.  // Caribbean Business;4/11/2002, Vol. 30 Issue 15, p30 

    Editorial. Comments on government health care reform in Puerto Rico. Need to bring the increasing costs of health reform under control; Government's failure to reduce the amount that the reform cost the government in fiscal year 2001; Problems concerning the process of renegotiating contracts...

  • Profitability Is No Measure of Viability. Clarke, Richard L. // hfm (Healthcare Financial Management);Mar99, Vol. 53 Issue 3, p16 

    Examines the financial performance measures that were useful in evaluating the impact of health care payment policy. Ratios and factors that should be considered when gauging viability of healthcare organizations; Indicators that can be useful in measuring the financial status of an organization.

  • Holding Down Healthcare Costs. Peak, Martha H. // Management Review;Apr90, Vol. 79 Issue 4, p1 

    Focuses on the increasing cost of health care in the United States. Percentage of increase in health care cost; Health care cost-sharing between management and employees; Adoption of a national health policy; Effect of increasing health care cost on the quality of health services.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics