Catherwood LibraryILR School

The number of retired employees who receive health benefits through their former employers has declined steadily since the early 1980's. A recent court decision in the 3rd Circuit could reduce retiree coverage further after a judge held that companies that only cover expenses not covered by Medicare for retirees over 65 while offering more generous benefits to early retirees are in violation of the Age Discrimination in Employment Act. Many retirees are seeing their premiums increased and most firms do not offer new hires health insurance when they retire.