Good afternoon,
I couldn't find a current topic on this in the existing forum. We are interested in knowing if anyone has any type of Retiree Insurance (health coverage that employer pays to former employees after retirement). This coverage often continues only until the retiree becomes eligible for Medicare at age 65. Although we have asked our health benefits broker for this type of coverage, they have told us it is quite expensive and drives up insurance costs for all existing employees. However, we would like to explore if any other entities have this program in place. We are thinking it still may help offset the high cost of senior employees that stick around for the insurance until they qualify for Medicare. Especially those who hit their 25 or 30 years well before they hit 65.
Thank you for your feedback!
