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June 25, 2003 - 8,360 subscribers
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Congress Considers How To Aid Employers Who Already Help Pay for Retiree Medicines
Excerpt: "Congress is faced with a question: How much to spend on drug benefits for these retirees? Some want to preserve scarce taxpayer dollars for those with no coverage at all. Others fear that without aid, employers will drop drug coverage for their workers altogether, ultimately costing the taxpayers even more money. Seniors who now have excellent private benefits could end up with a government package that is far less attractive." (AP via SFGate.com)
Sen. Rockefeller Says Employer Contributions to Retiree Health Coverage Will Be 'Meaningless'
Excerpt: "Senators killed an amendment on a 52-43 vote sponsored by Senator Jay Rockefeller (D-West Virginia) that would have counted employer contributions toward the money seniors must spend before a government prescription-drug benefit would kick in, the Associated Press reported." (PLANSPONSOR.com; one-time registration required)
Senate Rebuffs Bid to Close a Gap in Medicare Drug Coverage
Excerpt: "The Senate rejected a Democratic effort today to make a new Medicare drug benefit more generous by closing a substantial gap in coverage for elderly people with high drug costs.... It was one of a series of votes today in which Democrats tried to highlight what they assert are serious shortcomings in the bipartisan Senate legislation." (New York Times; one-time registration required)
Newly Posted or Renewed Job Openings
Defined Benefit Data Consultant
for The Paragon Consulting Group, Inc.
in MA
Manager, Integrated Disability Benefits
for Global professional services firm
in CA
401(k) Product Developer
for Transamerica-The Winning Organization
in CA
Newly Posted Press Releases
(Post Yours!)
Metlife’s Retirement Income IQ Test Reveals Widespread Misconceptions About Longevity, Income Needs and Long-Term Care
(MetLife Mature Market Institute and American Savings Education Council)
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