The federal government is feeling magnanimous toward employer-sponsored healthcare coverage. Yesterday it announced that it will commit $5B toward an effort for employers to keep early retirees on their rolls. President Obama says that the move is a bridge of sorts until the reform’s safety net procedures kick in — in approximately 2014. Under the new reform law, this massive subsidy is designed to incentivize employers to continue to provide benefits to their early retirees.

If they sign on, employers will get reimbursed up to 80% for claims totaling anywhere in the range of $15000 – $90000 — allowing beneficiaries to save money on premiums as long they stay enrolled. Of course, five billion sounds like a huge sum; but in the high cost world of healthcare delivery to the increasing legions of the aging boomer, it almost seems like a pipe dream to assume this amount will stretch throughout the next four to five years. | LINK

Related Posts Within Doctor Pundit:

1. CMS Announces New Provision in Bariatric Surgical Coverage for Beneficiaries The Centers for Medicare & Medicaid Services has just announced...
2. MN Governor Announces Plan to Allow Interstate Purchase of Health Coverage Today Minnesota’s governor, who just happens to be a potential...
3. Mass. Governor Announces Plan to Help Small Business in State’s Turbulent Universal Coverage Environment One thing that Massachusetts has learned from its experience as...
4. Mass. Governor Advises Obama on Reality of Universal Coverage At a recent stop in the state to (supposedly) raise...
5. Report: Obtaining Healthcare Coverage Still Difficult Amid Reform Is it too early for this sort of news, or...