Tag: healthcare

Less Employee Compensation Going to Wages

The share of employee compensation going to health benefits has risen substantially, while the share for wages has fallen, according to the Kaiser Family Foundation, a Menlo Park-headquartered nonprofit health policy organization. Kaiser’s Health Care Costs Snapshot report, “Wages and Benefits: A Long-Term View,” explains that health insurance premiums rose 78 percent between 2001 and […]

Retirement Benefits: EEOC Allows Employers to Coordinate Retirees’ Health Benefits with Medicare

A new U.S. Equal Employment Opportunity Commission (EEOC) rule gives employers some relief regarding their ability to reduce or eliminate retirees’ healthcare benefits once they become eligible for Medicare. Such a reduction or elimination will not violate the Age Discrimination in Employment Act (ADEA), the federal statute that prohibits age-based discrimination, the new rule states. […]