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.
