Becker's Healthcare March 10, 2023
More employers are offering Medicare Advantage benefits to their retired employees, but some retirees have concerns about prior authorization and costs, The New York Times reported March 10.
Half of employers who offer retirees health benefits do so through Medicare Advantage plans, up from 26 percent in 2017, according to Kaiser Family Foundation.
Just 13 percent of employers with more than 200 employees offer retirees health benefits, but Medicare Advantage is becoming more popular among those who do.
On March 9, New York City officials approved switching the city’s benefits for retired municipal employees to a Medicare Advantage plan.
The move was opposed by the NYC Organization of Public Service Retirees, who challenged the Medicare Advantage...
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