Employers are increasingly considering shifting retirees out of their health plans and into Medicare because of the Patient Protection and Affordable Care Act. But plenty of hurdles stand in the way.

Aon Hewitt's latest retiree health care survey revealed, perhaps unsurprisingly, that more than 60 percent of employers are reassessing their long-term retiree health strategies because of the PPACA.

Aon said it found that more than a quarter of companies would consider a retiree health care "settlement strategy" for all or a portion of their retiree group, "if the market environment could support it on a cost-effective basis."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.