Today my HR department confirmed that when I retire in August, my employer will continue to pay for my health insurance (and that of my spouse) until I am 65. Then when Medicare kicks in, my employer will pay for a supplemental health insurance policy for the rest of my life. One of the reasons I am able to retire early is that I will not have to pay for health insurance premiums. At over $900 a month for our HMO, it would be a big drag on our budget. Only employees who are at least 55 and have worked a minimum of 15 years are eligible. I feel very blessed to have this benefit and wish it were available to all our employees. Currently, only certificated employees are eligible (teachers, administrators).
Health Insurance Happiness
June 3rd, 2008 at 04:33 am