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Early Retiree Reinsurance Program Established

updated June 2, 2010

From the White House - released on May 4, 2010

FACT SHEET: The Early Retiree Reinsurance Program

Rising costs have made it difficult for employers to provide quality, affordable health insurance for workers and retirees while also remaining competitive in the global marketplace. Many Americans who retire without employer-sponsored insurance and before they are eligible for Medicare see their life savings
disappear because of exorbitant rates in the individual market. The Early Retiree Reinsurance Program will provide much-needed financial relief for employers so retirees can get quality, affordable insurance starting this year.

Quality, Affordable Care for Early Retirees

Relief for Businesses

Bridge to 2014