Higher Medicare rates good news for employers
Tags: MEDICARE; MEDICAL policy; RETIREES; HEALTH insurance; BUSINESS enterprises; POSTEMPLOYMENT benefits
Related Articles
- Unions Want Employer Subsidies For Retiree Drug Benefits To Go to Health Care. McConnell, Beth // HR Magazine;Oct2004, Vol. 49 Issue 10, p42
Reports on a forum organized by the U.S. Center for Medicare and Medicaid Services (CMS) to discuss the retiree prescription drug benefit provisions of the Medicare Prescription Drug, Improvement and Modernization Act in Washington, D.C. Information on the regulation proposed by CMS that would...
- Retirees get new options. Geisel, Jerry // Business Insurance;3/31/2003, Vol. 37 Issue 13, p1
Bethlehem Steel Corp. is eliminating its retiree health care program, but more than 90,000 plan participants will have more coverage options in Bethlehem, Pennsylvania. Still, the cost of those plans will be, in many cases, much higher than the amount the retirees had been paying for eliminated...
- RETIREES LOBBY TO PRESERVE BENEFIT LEVELS. Schoeff Jr., Mark // Workforce Management;Nov2005, Vol. 84 Issue 12, p6
The article reports on the difficulty experienced by companies in the U.S. in maintaining the benefits for retirees. Lucent Technologies stopped subsidizing medical coverage for dependents of management retirees who retired after March 1, 1990, and made more than $65,000. According to Lucent...
- Health Care Burden Cited. Saskal, Rich // Bond Buyer;9/29/2006, Vol. 357 Issue 32477, p37
The article focuses on the report issued by the California Healthcare Foundation, which highlights the expected liabilities for retiree health care in California. The report estimated that in fiscal year 2004, the state's governments paid about $2.9 billion for retiree health care benefits....
- Retiree Health Benefits at Selected Government Contractors: GAO-03-412R. // GAO Reports;2/27/2003, p1
Since World War II, some employers have voluntarily sponsored postretirement health plans as a benefit to their employees. According to government sources, these health plans constitute the primary source of health coverage for retirees aged 55 to 64 and supplemental coverage for nearly one...
- Medicare's simple solution to the rising cost of retiree health benefits. Espinoza // Business Journal Serving Fresno & the Central San Joaquin Valley;09/06/99, Issue 322508, p10
Focuses on the United States federal government's Medicare+Choice Plans as a way for employers to offer affordable quality health care to their current and future retirees. Two reasons on why retiree health care costs are increasing; Two options of employers to comply with Financial Accounting...
- Pharmacy Benefit Caps And The Chronically Ill. Joyce, Geoffrey F.; Goldman, Dana P.; Karaca-Mandic, Pinar; Yuhui Zheng // Health Affairs;Sep/Oct2007, Vol. 26 Issue 5, p1333
In this paper we examine medication use among retirees with employer sponsored drug coverage both with and without annual benefit limits. We find that pharmacy benefit caps are associated with higher rates of medication discontinuation across the most common therapeutic classes and that only a...
- Actuary: Florida Governments Must Report 'Implicit Subsidies' as OPEBs. Sigo, Shelly // Bond Buyer;6/15/2006, Vol. 356 Issue 32403, p4
The article reports on the retirement benefit plans for every local government employees in Florida. The subsidy is presented under other post-employment benefits (OPEB) which was approved as an ideal grant stated in the Government Accounting Standard Board's Rule 45. Furthermore, the law...
- In review: Pensions & benefits. // Corporate Board;Jul/Aug94, Vol. 15 Issue 87, p27
Reports on the number of American large employers offering retiree health benefits. Small employers with retiree health benefits; Large employers' plan to terminate their retiree medical plans; Coverage; Contributions.
