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Employee Benefits

High costs have employers seeking retiree health care options: WTW

October 12, 2022 Reprints

Increasing health care costs are driving U.S. employers to search for alternative methods to provide health care benefits to retirees, new research from Willis Towers Watson PLC shows, reports Plansponsor. The WTW Retirement Medical survey found 50% of employers are concerned about rising costs and are targeting private insurance marketplaces to substitute for group plans. WTW found 22% of employers have either stopped offering a traditional group medical plan to early retirees or are considering a replacement.

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High costs have employers seeking retiree health care options: WTW

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