September 29, 2006
For Retirees' Health Care, a Balancing Act
A young nonprofit plan offers coverage and a way to predict and control costs
When it comes to retiring from academe, 70 appears to be the new 65.
Faculty and staff members may be sticking around longer simply because they like their jobs, but a bigger factor may be concerns about the cost and accessibility of post-retirement health care.
Health-care costs have continued to spiral upward as a work force filled with baby boomers — who are expected to live longer
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