More large US companies drop retirees from health plans

Large US companies are limiting or ending company-sponsored health care plans for retirees eligible for Medicare. In 1988, 66 percent of companies employing over 200 workers offered retiree health benefits to active workers. This figure declined dramatically last year to 28 percent. Among businesses employing more than 5,000 employees, fewer than half offered these benefits to workers in 2013.

Source: Kaiser Family Foundation