October 13, 2022
  • Willis Towers Watson’s 2022 Retiree Medical Survey indicates that employers are looking for ways to counter rising health care costs for their pre-Medicare and Medicare-eligible retiree plans. According to the survey, 49 percent of employers expect to introduce changes because the benefits are too expensive to maintain. Thirty-six percent are looking to address unacceptable financial risks, while 33 percent cited the need to reduce the plan’s administrative burden. Twenty-two percent of employers are not offering a traditional group medical plan and another 13 percent of employers expect to make changes to their retiree medical benefits over the next three years. (Press release here)