MDA sponsors the Hometown Mississippi Retirement program which is designed to retain and attract retirees
in the state.
A defining feature of Medicare Advantage plans is the CMS five-star quality rating program, which help retirees
understand plan value.
Specific talaga eh: 'Mga retiree
pinabayaan na ni Bato
Australia and Canada, and nearly 60% of American retirees
, said they believe their country is in a national retirement crisis.
To reduce costs in retirement, 90% of retirees
are spending less on purchases, 70% are dining out less, 56% are traveling less, 44% are cutting back on gifts and charitable giving, 17% have moved to less expensive housing, and 11% have refinanced their mortgage.
Just 19% of retirees
said they were offered financial planning resources and decision-support tools to help them understand the role of medical coverage in their retirement planning.
And, the EBRI report notes, while many employers no longer offer retiree
health benefits, most that have continued to do so have made changes in the benefit package they offer: raising premiums that retirees
are required to pay, tightening eligibility, limiting or reducing benefits, or some combination.
It is also clear that Congress had in mind retirees
who needed benefits, because section 1114 does not apply to retirees
whose gross annual income exceeds $250,000 (section 1114[m]).
This year alone, health benefit costs for retirees
are expected to increase some 6 percent for pre-65 retirees
and some 4 percent for post-65 retirees
, according to a Towers Watson 2010 Retiree
Health Care Cost Survey.
The forced switch costs the affected retirees
an additional $1,156 annually.
The law, which was first implemented in 1994 and is subject to annual renewal, protects retirees
by, in effect, making them part of the collective bargaining process.
This is an important first step in more fairly compensating military longevity retirees
who qualify for service-connected disability compensation," said National Legislative Director Joseph A.