It is not just the retirees of distressed or bankrupt companies such as Bethlehem Steel, Chrysler, Ford (F - Get Report) and GM (GM - Get Report) who are finding that the health care that they had anticipated receiving in retirement will no longer be provided.According to the Kaiser Foundation, back in 1988, 66% of retirees had company health coverage. By 2003 this had dropped to 38%, and in 2007 it was 33%.
Retiree Health Coverage On the Decline
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.