Summaries of health policy coverage from major news organizations
45 Va. Employers, Unions Are Participating In Health Law’s Early Retiree Program
The Virginian-Pilot: "Employers and unions increasingly have struggled to pay medical bills for workers who retire up to a decade before qualifying for Medicare at age 65. A new program through the national health care overhaul aims to reimburse some of those costs. The federal government set aside $5 billion through the Early Retiree Reinsurance program to help approved organizations pay the most expensive claims for early retirees and their families. Nearly 2,000 employers and unions -- including 45 in Virginia -- recently were selected to participate. They are supposed to begin receiving reinsurance payments on claims this month. The program is meant to end in January 2014. At that time, early retirees will have the option of purchasing health plans through federally mandated health insurance exchanges" (Jeter, 10/4).
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