News Headlines Article

A healthcare subsidy for early retirees
Los Angeles Times

The new health reform law will be phased in in pieces over the next four years, but one benefit — for a specific group of consumers —starts June 1. Called the Early Retiree Reinsurance Program, it’s a $5-billion federal subsidy to employers to help them pay for healthcare coverage for some retired workers ages 55 to 64 who don’t yet qualify for Medicare.