Medicare Marketplaces: A solution for reducing retiree health care costs, hiding in plain sight
Retirement without health care coverage is not secure. Indeed, lack of retiree health care coverage is often cited as a reason for not retiring. Yet the number of employers providing retiree health care continues to decline…
Tighter Municipal Budgets Shrink Retiree Health Benefits
America’s retired workers are getting squeezed on their health care. Cities and states can’t afford to keep the same medical benefits they promised government retirees. For all 50 states combined, revenue declines for 2020 and 2021 could reach…
How One City Contained Retiree Health Care Costs
Public sector organizations have struggled for decades to manage growing economic burdens related to other postemployment benefits (OPEB) liabilities. Drastically cutting retiree health care benefits has been a common response.
An Option for States and Localities Seeking to Save on Retiree Health Care Costs
Some state and local governments are achieving savings on retiree health care costs by turning to what are known as individual Medicare marketplaces as an option for providing…
Public Sector Retiree Health Care via Individual Medicare Marketplaces
As many state and local governments face inadequate funding levels for retiree health care obligations, a new report offers policymakers with a guide to individual Medicare…
How Memphis Reduced Its OPEB Liability By $319M and Gave Retirees Greater Affordability and Choice
This article details how the City of Memphis was able to reduce its OPEB liability by $319 million and give retirees greater affordability and…