Cut Loose: Companies Trick Retirees out of Health Benefits /
Anne-Marie Cusac.
- Progressive, 2001.
- SIRS Enduring Issues 2002. Article 47. Family, 1522-3213; .
Articles Contained in SIRS Enduring Issues 2002. Originally Published: Cut Loose: Companies Trick Retirees out of Health Benefits, April 2001; pp. 21-25.
"According to a December 2000 study by William M. Mercer, Inc., a human resources and benefits firm, only 31 percent of companies with 500 or more employees now provide health coverage to retirees under the age of sixty-five...This is down from 35 percent in 1999 and 46 percent in 1993. The number of larger companies covering insurance for seniors ages sixty-five and older also fell, from 28 to 24 percent." (PROGRESSIVE) This article examines insurance coverage rates among retirees and maintains that "this was the seventh year in a row that retiree insurance coverage declined.".