Does the law affect coverage for early retirees?
Temporary assistance will be established for employers who provide health coverage for early retirees who are 55 or over but not yet eligible for Medicare. The Department of Health and Human Services (DHHS) must establish a program within 90 days of the law taking effect that provides re-insurance coverage. The program will pay 80% of eligible claims over $15,000, and will expire January 1, 2014.
