Medicare Advantage and Retirement
Tuesday, February 12, 2008
I came across this latimes.com article titled "Medicare trend raises eyebrows," and thought I'd pass it on. This is a topic that concerns all of us - boomers facing retirement and caregivers looking at what is going on with their elder's pensions and Medicare. The newspaper article begins:
"Employers are shifting costs -- and more burden -- to a federal program, critics say.
By Ricardo Alonso-Zaldivar, Los Angeles Times Staff Writer
WASHINGTON -- Many large employers are struggling with the obligation to cover the rising medical costs of retirees, but last year officials in Michigan found a way to save at least $40 million on care for retired teachers and other public-school workers: Send the bills to Washington."
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