New health insurance program could help early retirees keep coverage

Doctor provides health care to patient
Doctor provides health care to patient

The good news for early retirees is that it may be easier after June 1 to stay on their company's health insurance plan. The better news is that their costs might actually go down.

One feature of the health care reform legislation -- a program offering government reinsurance to businesses that provide early retirees with health insurance -- is ready to kick in next month, and several groups predict the new program could slow the rate of companies dropping this type of coverage.