Retirees May Lose Health Coverage
Last month, the Equal Employment Opportunity Commission (EEOC) handed down a ruling that will allow employers to treat younger and older retirees differently. What once might have been seen as age discrimination is now OK, according to the EEOC.
What does this mean to the retirees? Well, some workers retire from their jobs with promises of ongoing healthcare benefits. This ruling allows employers to cut off those benefits (even if they were promised) for the older retirees who are eligible for Medicare.