Firms can cut health care for retirees
The U.S. Equal Employment Opportunity Commission has given employees the
permission to cut health care benefits for retirees once they become
eligible for Medicare without being accused of age discrimination.
Retirees have some cause for concerns as many employer-sponsored health
plans offer better benefits than Medicare. However, some experts contend
that the ruling will allow for a better coordination of retiree benefits
and Medicare. Senior lobbying group, AARP, fears that the new regulation
could lead to benefit cuts and may challenge the ruling in court.
See "Firms can cut health care for retirees", Bruce Japsen, Chicago Tribune, April 22, 2004