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Employers plan changes in retiree coverage
Modern Healthcare

More than 40% of employers offering healthcare coverage to Medicare-eligible retirees have decided to change how they provide coverage, according to a new survey.

The most popular approach, planned by 32% of employers, is one in which employers will direct retirees to the individual market, according to the Aon Hewitt survey released Tuesday. In many cases, employers will partially subsidize coverage by making a fixed contribution, which a retiree could use to help pay premiums, such as for coverage offered through a private insurance exchange.