Download or read book Can the Retiree Health Benefits Provided by Your Employer be Cut written by and published by . This book was released on 1998 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Can the Retiree Health Benefits Provided by Your Employer be Cut written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Present Law and Issues Relating to Employer provided Retiree Health Insurance written by and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retiree Health Benefits The Impact on Workers and Businesses written by Labor and Human Resources Comm and published by Forgotten Books. This book was released on 2016-12-28 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Retiree Health Benefits; The Impact on Workers and Businesses: Hearing Before the Subcommittee on Labor of the Committee on Labor and Human Resources, United States Senate, One Hundred Third Congress, First Session But some companies are using the rule as an excuse to cut off benefits. These companies care more about protecting their stock prices and the stock options of their executives than fulfilling their promises to the retirees. How is it possible that companies are able to escape their health benefit promises? Well, in part because we do not have a national health insurance system. The only Federal law that we do have is the Employee Retirement Income Security Act, known as erisa. But erisa is primarily intended to set standards for pension bene fits, not health benefit promises. Several courts have held that because erisa does not set stand ards for health benefits, employers are free to do whatever they want. Despite years of promises, employers can put clauses in their health plans literally overnight, breaking original promises and re serving the right to terminate benefits. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Overview of Present Law Proposals and Issues Relating to Employer provided Retiree Health Insurance written by United States. Congress. Joint Committee on Taxation and published by . This book was released on 1988 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retiree Health Plans written by United States. General Accounting Office and published by . This book was released on 1993 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retiree Health Benefits written by United States. General Accounting Office and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Implications of Health Reform for Retiree Health Benefits written by Paul Fronstin and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how current health reform legislation being debated in Congress will impact the future of retiree health benefits. The paper also provides background on the impact of private-sector accounting rule changes on the availability of retiree health benefits since the mid-1990s; the more recent impact of public-sector accounting rule changes on retiree health benefits in the public sector; the impact on employment-based retiree health benefits of adding a drug benefit to Medicare; and the potential impact of current health reform legislation on employment-based health benefits for early retirees and Medicare beneficiaries. In general, the proposals' provisions will have a mixed impact on retiree health benefits: In the short term, the reinsurance provisions would help shore up early retiree coverage and Medicare Part D coverage would become more valuable to retirees. In the longer term, insurance reform combined with new subsidies for individuals enrolling for coverage through insurance exchanges, the maintenance-of-effort provision affecting early retiree benefits, increases to the cost of providing drug benefits to retirees, and enhanced Medicare Part D coverage, would all create significant incentives for employers to drop coverage for early retirees and drug coverage for Medicare-eligible retirees. With some exceptions, the House-passed legislation would prohibit employers from changing the benefits offered to retirees and their beneficiaries once a person has retired. This provision could have a number of different effects: More employers may move toward capping their contributions; employers that want to maintain retiree health benefits may react by cutting the health benefits of active workers; employers may eliminate retiree health benefits altogether to avoid being locked into providing a permanent benefit; or they may drop benefits if they think there is no need to provide them.
Download or read book The Impact of Medicare written by United States. Social Security Administration. Office of Research and Statistics and published by . This book was released on 1970 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Retiree Health Benefits written by United States. Congress. Senate. Committee on Finance. Subcommittee on Savings, Pensions, and Investment Policy and published by . This book was released on 1986 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employee Benefits written by United States. General Accounting Office and published by . This book was released on 1990 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Get What s Yours for Medicare written by Philip Moeller and published by Simon and Schuster. This book was released on 2016-10-04 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A coauthor of the New York Times bestselling guide to Social Security Get What’s Yours authors an essential companion to explain Medicare, the nation’s other major benefit for older Americans. Learn how to maximize your health coverage and save money. Social Security provides the bulk of most retirees’ income and Medicare guarantees them affordable health insurance. But few people know what Medicare covers and what it doesn’t, what it costs, and when to sign up. Nor do they understand which parts of Medicare are provided by the government and how these work with private insurance plans—Medicare Advantage, drug insurance, and Medicare supplement insurance. Do you understand Medicare’s parts A, B, C, D? Which Part D drug plan is right and how do you decide? Which is better, Medigap or Medicare Advantage? What do you do if Medicare denies payment for a procedure that your doctor says you need? How do you navigate the appeals process for denied claims? If you’re still working or have a retiree health plan, how do those benefits work with Medicare? Do you know about the annual enrollment period for Medicare, or about lifetime penalties for late enrollment, or any number of other key Medicare rules? Health costs are the biggest unknown expense for older Americans, who are turning sixty-five at the rate of 10,000 a day. Understanding and navigating Medicare is the best way to save health care dollars and use them wisely. In Get What’s Yours for Medicare, retirement expert Philip Moeller explains how to understand all these important choices and make the right decisions for your health and wealth now—and for the future.
Download or read book Care Without Coverage written by Institute of Medicine and published by National Academies Press. This book was released on 2002-06-20 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many Americans believe that people who lack health insurance somehow get the care they really need. Care Without Coverage examines the real consequences for adults who lack health insurance. The study presents findings in the areas of prevention and screening, cancer, chronic illness, hospital-based care, and general health status. The committee looked at the consequences of being uninsured for people suffering from cancer, diabetes, HIV infection and AIDS, heart and kidney disease, mental illness, traumatic injuries, and heart attacks. It focused on the roughly 30 million-one in seven-working-age Americans without health insurance. This group does not include the population over 65 that is covered by Medicare or the nearly 10 million children who are uninsured in this country. The main findings of the report are that working-age Americans without health insurance are more likely to receive too little medical care and receive it too late; be sicker and die sooner; and receive poorer care when they are in the hospital, even for acute situations like a motor vehicle crash.
Download or read book Retiree Health Benefits and Retirement written by and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Employer-provided health benefit coverage for workers who retire before age 65 has fallen over the last decade. We examine a cohort of male workers from the Health and Retirement Survey to examine questions about the dynamics of retiree health benefits and the relationship between retiree health benefits and retirement behavior, which is important for the debate over increasing health coverage for older Americans without reducing work incentives. On dynamics, we find that between 1992 and 1996, 24 percent of full-time workers who had retiree health benefits lost their coverage, while 15 percent of full-time workers who lacked coverage gained it. Also, of the full-time employed men who were covered by retiree health benefits in 1992 and had retired by 1996, 3 percent were uninsured, and 15 percent were covered by health insurance other than employer-provided insurance. On the relationship between retiree health benefits and retirement, we find that workers with retiree benefits were 29 to 55 percent more likely to retire than those without. We also find that workers who are eligible for retiree health benefits tend to take advantage of them when they are relatively young.
Download or read book Savings Fitness written by Barry Leonard and published by DIANE Publishing. This book was released on 2007-12 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many people mistakenly believe that Social Security (SS) will pay for all or most of their retire. needs, but the fact is, since its inception, SS has provided little protection. A comfortable retire. usually requires SS, pensions, personal savings & invest. The key tool for making a secure retire. a reality is financial planning. It will help clarify your retire. goals as well as other financial goals you want to ¿buy¿ along the way. It will show you how to manage your money so you can afford today¿s needs yet still fund tomorrow¿s. You¿ll learn how to save your money to make it work for you & how to protect it so it will be there when you need it. Explains how you can take the best advantage of retire. plans at work, & what to do if you¿re on your own. Illustrations.
Download or read book Get What s Yours written by Laurence J. Kotlikoff and published by Simon and Schuster. This book was released on 2015-02-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn the secrets to maximizing your Social Security benefits and earn up to thousands of dollars more each year with expert advice that you can't get anywhere else. Want to know how to navigate the forbidding maze of Social Security and emerge with the highest possible benefits? You could try reading all 2,728 rules of the Social Security system (and the thousands of explanations of these rules), but Kotlikoff, Moeller, and Solman explain Social Security benefits in an easy to understand and user-friendly style. What you don't know can seriously hurt you: wrong decisions about which Social Security benefits to apply for cost some individual retirees tens of thousands of dollars in lost income every year. How many retirees or those nearing retirement know about such Social Security options as file and suspend (apply for benefits and then don't take them)? Or start stop start (start benefits, stop them, then re-start them)? Or-just as important-when and how to use these techniques? Get What's Yours covers the most frequent benefit scenarios faced by married retired couples, by divorced retirees, by widows and widowers, among others. It explains what to do if you're a retired parent of dependent children, disabled, or an eligible beneficiary who continues to work, and how to plan wisely before retirement. It addresses the tax consequences of your choices, as well as the financial implications for other investments. Many personal finance books briefly address Social Security, but none offers the thorough, authoritative, yet conversational analysis found here. You've paid all your working life for these benefits. Now, get what's yours.
Download or read book Retiree Health Benefits written by Paul Fronstin and published by . This book was released on 2015 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Issue Brief addresses a wide range of retiree health issues. It reviews the provisions and impact of FAS 106 and includes a discussion of how companies have changed their overall retiree health liabilities. It describes Medicare, the primary source of publicly financed retiree health benefits, and its changing relationship with employer plans. In addition, it analyzes other financing arrangements. The Issue Brief concludes with a discussion of policy issues that will potentially affect workers, future retirees, and employers.Changing demographics are likely to have serious implications for the financing and delivery of health care services as the baby boom generation reaches retirement age.FASB Statement No. 106, "Employers' Accounting for Postretirement Benefits Other Than Pensions" (FAS 106) -- approved in December 1990 -- has dramatically changed the way most private companies account for their retiree health benefits and other postretirement nonpension benefit obligations. FAS 106 requires liabilities for retiree health benefits to be recognized explicitly on balance sheets. It applies many of the same principles that were used in accounting for pensions (FAS 87 and FAS 88) to other postretirement benefits (e.g., health coverage, life insurance, long-term care insurance, and housing).In response to FAS 106 and increases in health care costs, some firms have dropped retiree health benefits, while others still have no plans to change their existing benefit provisions. However, the vast majority of companies have made numerous changes in their retiree health benefit programs. Of those companies indicating a modification or considering one, the most common was a change in cost sharing provisions, followed by caps on company contributions, and annual adjustments in retiree contribution amounts.The Medicare managed care program was created by Congress in 1982 under the Tax Equity and Fiscal Responsibility Act and became operational during 1985. This program allows Medicare beneficiaries to enroll in one of three types of managed care contracts: risk HMOs, cost HMOs, and health care prepayment plans. Employers have discovered that Medicare HMOs, especially risk HMOs, offer employers and retirees a "win-win" alternative to the traditional fee-for-service Medicare program and traditional retiree health benefits.
