Retiree Medical

The escalating cost of providing health care benefits to retirees is a problem facing many American companies.

Comments about Retiree Medical Benefits from Jon Rich's Opening Day remarks:

• We must change the basic model between the company and associates for post retirement healthcare benefits. Healthcare costs are rising more rapidly than our sales or profits. This is not sustainable. In the future we cannot afford to be the primary provider of retirement healthcare. For active employees we must continue to strive to find the most cost-effective plans that can contain our costs and provide the security we all want for our families and ourselves.

In the News:

Retiree health costs continue upward spiral