Monday, July 16, 2007

55+ Health Insurance

The HR Policy Assocation has an idea that may work. Early retirees looking for health insurance run into two challenges.

Insurability and affordability.

Now it appears the HR Policy Association in conjunction with Aetna is preparing to offer coverage with few strings attached.

Under the Retiree Health Access program, no retiree could be turned down for coverage, regardless of prior medical conditions. Specifics of the plans will vary by employer, but a typical plan will have an annual deductible between $500 and $1,100 and a monthly premium between $400 and $1,200, depending on how much an employer chooses to contribute.

Sounds good to me. Read more here.
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