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Lawmakers weigh subsidies to keep retirees insured under Medicare plan
Facing a political backlash over a Medicare drug bill lawmakers consider billions in subsidies or tax breaks for companies to discourage dropping retiree coverage when the new benefit starts. They may loosen regulations for firms maintaining current plans while shaping premiums deductibles and co payments for beneficiaries. The debate centers on how to shield about 12 million retirees from losing employer coverage amid a landscape of rising costs and differing House and Senate proposals.
MENTIONED IN THIS ARTICLE
Ashington
House
Senate
Nonpartisan
Employee Benefit Research Institute
Bill Frist
R-Tenn
Congress
Bill Thomas
Calif
AARP
Business Roundtable
Thomas
Medicare
Congressional Budget Office
Charles Grassley
Browa
EBRI
Gerry Shea
Afl-Cio
Paul Dennett
American Benefits Council
Dennett