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EEOC Health Benefit Reductions and Eliminations
Staff Writers
The Equal Employment Opportunity Commission issued a new policy in December 2007 stating that employers can reduce or eliminate health benefits for retirees when they turn 65 years old and become eligible for Medicare.
The new regulation allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited benefits – or none at all – for those older. Currently, more than 10 million retirees rely on employer-sponsored health plans as a primary source of coverage or as a supplement to Medicare.
The EEOC rule helps employers continue to voluntarily provide and maintain important health benefits.
In general, it observed that employers are not required by federal law to provide health benefits to either active or retired workers. And unfortunately, the rising cost of health care and the increased life expectancy of workers have led some employers to not provide retiree health benefits or even negotiate the issue, according to some New York Times newspaper pundits.
The Society for Human Resource Management, AFL-CIO, the American Federation of Teachers, the National Education Association, the American Benefits Council, and other groups support the decision, according to the EEOC.
And so, what do you think – are we heading toward a national healthcare system by default?
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Filed under: Healthcare Finance | Tagged: Health Economics |
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About the HHS Patient-Safety Data Delay
Did you know that Modern Healthcare just reported that Sen. Ted Kennedy has written a letter asking why HHS hasn’t filed regulations that would implement a 2005 law creating patient-safety organizations that collect and analyze healthcare facility data?
Sen. Kennedy apparently asked the Government Accountability Office [GAO] to investigate the HHS after its failure to respond to his two prior requests in 2007.
Kennedy, along with the Joint Commission [JCAHO], and the American Medical Association [AMA], are pressing HHS to implement the Patient Safety and Quality Improvement Act [PSQIA] of 2005. But, still no luck?
Now, is anyone still in favor of national healthcare?
-Sharon
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