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For the small percentage of employers who offer health care coverage to retirees, an increasing percentage are leveraging Medicare Advantage plans – a shift that could impact retiree access to services as well as federal spending on Medicare.

According to Kaiser Family Foundation, a nonprofit health care analysis organization, only 13% of large employers – those with 200 or more employees – offered retiree health benefits to Medicare-age retirees in 2022. Of those, half do so through a Medicare Advantage plan, nearly double the 26% that did so in 2017. Among firms with 5,000 or more workers offering retiree benefits, 60% offered retiree health benefits through a Medicare Advantage plan in 2022, a share that has doubled over the same time period.

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