More Retirees Face Life Without Health Benefits


Employer-sponsored health benefits for retirees could go the way of house calls and dial phones thanks to increasing health care costs. A study by the Kaiser Family Foundation and Hewitt Associates says that 10 percent of 408 companies with 1,000 employees or more plan to drop coverage for future retirees. Twenty percent say they plan to do so in the next three years. The companies were polled between June and September 2003.

Employer-sponsored health insurance for retirees pays for benefits not covered by Medicare, such as prescription drugs.

"Prescription drug benefits offered by employers to retirees tend to be much more generous than what seniors can expect to get from Medicare if they sign up for the new drug benefit when the new law goes into effect," says Tricia Neuman, ScD, a vice president at Kaiser Family Foundation.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

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