Too often, Americans who retire without employer-sponsored insurance before they are eligible for Medicare, see their life savings disappear because of high rates in the individual market. Through the new Health Insurance Exchanges, employers can preserve coverage for early retirees until more affordable coverage is available. The new law creates a $5 billion program to provide needed financial help for employment-based plans to continue to provide valuable coverage to people who retire between the ages of 55 and 65, as well as their spouses and dependents.
