Employers embrace defined-contribution retiree benefits

08/6/2013 | Forbes

More than 40% of employers in an Aon Hewitt survey have dropped group health plans for Medicare-eligible retirees, instead offering defined-contribution plans for the purchase of Medicare Advantage plans. "Individual market-based retiree health care sourcing strategies can create significant savings opportunities for all stakeholders," said Aon Hewitt executive Maureen Scholl.

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