A new survey from ISCEBS and Towers Perrin indicates that employers are considering bold changes in 2009 to rein in retiree medical costs.
With more than 70% of respondents still offering retiree medical benefits to current retirees and some active workers, cost increases — compounded by the current recession — are a significant force influencing change in their programs to offload trend risk and begin to distance themselves from plan sponsorship and administration.