MedCity News December 5, 2022
Currently, only 13% of large employers — or companies with 200 or more employees — offer retiree health benefits, the Kaiser Family Foundation survey found. Of this group, 50% provide these benefits through a Medicare Advantage plan, up from 26% in 2017.
While few employers provide retiree health benefits, the ones that do are using Medicare Advantage plans more and more, a new analysis found.
Currently, only 13% of large employers — or companies with 200 or more employees — offer retiree health benefits, the Kaiser Family Foundation (KFF) report showed. Of this group, 50% provide these benefits through a Medicare Advantage plan, up from 26% in 2017.
For firms with 5,000 or more workers providing retiree benefits, 60%...