A healthcare subsidy for early retirees
Monday, May 10, 2010 - 02:10
in Mathematics & Economics
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.