Five ways to confront changing healthcare costs in retirement

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The cost of health care is one of the biggest out-of-pocket costs facing retirees–and for some, the challenge is getting tougher. Fifteen million retirees on Medicare get supplemental health insurance coverage from their former employers–and another 2 million retirees not yet eligible for Medicare receive primary coverage from their former workplaces, according to research by […]

The state of senior health: It depends on your state

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What are the best and worst places to stay healthy as you age? For answers, take out a map and follow the Mississippi River from north to south. The healthiest people over 65 are in Minnesota, the sickest in Mississippi. That’s among the findings of the America’s Health Rankings Senior Report released in May by […]

AT&T move underscores employer shift of retiree health care to insurance exchanges

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A growing number of companies are dropping single-employer group insurance plans in favor of privately run insurance exchanges, where a third party sets up a marketplace offering Medicare coverage offered by dozens of carriers, with costs subsidized by their former employers. The trend was underscored by news this month that AT&T Inc will move its […]

Why your health insurance may soon resemble your 401(k)

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Are you ready for the 401(k)-ization of health insurance? If not, get ready, because there’s a good chance it’s coming to your workplace soon. That was the consensus of some of the nation’s top employee benefits experts, who gathered last week for a conference in the nation’s capital. What we’re talking about here is a […]

Employers look to Obamacare exchanges and Medicare for retiree health insurance

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Chicago Mayor Rahm Emanuel is leading the charge in the public sector to cut  healthcare costs by shifting retirees into new public insurance exchanges created under Obamacare. Detroit, which filed for bankruptcy, hopes to push retirees who are too young for Medicare onto the new public insurance exchanges as a way of shedding healthcare liabilities. […]

Obamacare enrollment: What older Americans need to know

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The marketing blitz for the launch of Obamacare is underway, with ad campaigns in many states featuring actors, musicians and athletes urging people to sign up for the health insurance program. A big federal ad campaign will follow in September. Marketing and communication might serve as an antidote to the confusion and antipathy that persists […]

Medicare Advantage defies the forecast with rapid growth

If we used tennis scoring to track the progress of healthcare reform, this would be the moment to declare: advantage Advantage. Obamacare opponents have been warning for several years now that Medicare Advantage, the private plan option that seniors can pick instead of traditional fee-for-service Medicare, would fail because of the healthcare law’s impact on […]

How to cope with an unplanned early retirement

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Just under half of all workers retire earlier than they expected – and not by choice – according to research by LIMRA, the insurance industry research firm. The most commonly cited reasons included health problems, job loss or burnout and negative work conditions. The LIMRA numbers confirm annual surveys by the Employee Benefit Research Institute, which […]

Healthcare reform to end ‘job lock’ for the over-50 crowd

When Carmen Oberai was diagnosed with breast cancer several years ago, she knew the treatment would make it tough for her to stay at her job. But she needed the health insurance provided by her employer, so she worked through the illness. Oberai, 62, works with at-risk pregnant women for a nonprofit agency in Port […]