Most Employers Cutting Retiree Health Care
A recent survey of Fortune 500 companies found that many companies are reducing retiree health plan coverage and nearly 1 in 7 plan on eliminating retiree coverage entirely.
Even more telling is the study finding that, “About 40 percent of employers said they believed the best way to solve their retiree health cost problem is to exit it altogether…”
The article also mentions a recent Kaiser Family Foundation study that notes only one-third of employers in 2005 offered health retiree benefits versus two-thirds in 1988.
Clearly, the responsibility for health care is being shifted from employers to individuals. This trend means it is more important than ever for individuals to take steps to help prevent the onset of costly chronic diseases.
A sound nutrition program and avoiding environmental toxins are essential parts of such a plan. Action plan overviews for many of the most common conditions associated with aging are linked off the Marc Joseph Nutrition homepage.
