Why Employers Are Cutting Retiree Health Benefits, and What You Can Do About It

As companies downsize or close as a result of our sluggish economy, benefits and jobs are being cut. One of the results is that at the same time boomers are considering (or being forced into) early retirement, more employers are reducing or eliminating retiree health benefits. To understand the reasons why even stable companies cut retiree health benefits--and what can you do to protect your benefits--here are some answers from economist and author, Paul Zane Pilzer.