Fewer employers are offering workers supplemental health benefits for retirement; those that do increasingly push Medicare Advantage
A new analysis from the Kaiser Family Foundation (“Retiree Health Benefits: Going, Going, Nearly Gone?”) reveals a marked decline in supplemental employer-provided retirement health benefits. Across 5 surveys, the share of Medicare-Age adults with supplemental retiree benefits has fallen dramatically over the past few decades. Today, only 12-21% of older adults have such benefits.