Fri December 16, 2011
Early Retiree Program Bankrupt
A $5 billion federal program to pay for the health benefits of early retirees is proving to be more popular than expected. So popular that it's running out of money earlier than planned. The fund, part of the health care overhaul, was to provide a bridge of insurance coverage until 2014 when early retirees would have many more options under the health care law.
This report is part of a collaboration between Minnesota Public Radio, NPR, and Kaiser Health News.