News Headlines Article

Health Exchange Confusion: Why We’re Getting the IBM Story Wrong
The Health Care Blog

I was a bit surprised by the front-page headline and accompanying article in the weekend Wall Street Journal (IBM to Move Retirees Off Its Health Rolls). The headline and subtext of the article are that IBM is ending health benefits for retirees, leaving them to fend for themselves. But as I read through the specifics that doesn’t appear to be at all what’s happening. Unfortunately, the article’s main impact is to leave an unduly negative impression of private health insurance exchanges. Retiree health benefits are a big deal, especially for employees who retire before they reach the Medicare eligibility age of 65.

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