Why workers over 65 years of age should be entitled to employer health plans too
While life insurance and long-term disability insurance costs do increase with age, insurance companies will accommodate any employer who wants to continue some coverage beyond age 65 for their active employees with the disability benefit limited to 12 or 24 months instead of stopping it altogether.
Imagine having your private health insurance—dental, vision, prescription drug, life, travel and disability coverage—suddenly terminated by your employer at age 65 while you’re still working for them, and just when you may really need it.
That’s what happened to Maureen, a senior executive ...
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