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Many large employers intend to keep retiree drug benefits, at least for the immediate future.

Publication: Managed Care Quarterly
Publication Date: 01-JUN-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
A recent survey of 300 firms with 1,000 or more employees that offer retiree benefits found that nearly 80 percent will continue offering drug coverage even after Medicare launches its program in 2006. Another 10 percent will help pay for the costs of a Medicare drug plan, while only 9 percent will end prescription coverage altogether, according to a survey by the Kaiser Family Foundation and Hewitt Associates. The results found that fewer seniors than originally envisioned will be forced to turn to the government if they want to continue receiving help with their drug bills, said Drew E. Altman, Ph.D., the foundation's president and CEO. "The widespread dropping of...



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