In a letter to Senators John Kerry (D-MA) and Debbie Stabenow (D-MI), TCU expressed support for retiree health coverage currently before the Senate. The bill would provide an additional five billion dollars in funding for the Early Retiree Reinsurance Program.
“Insurance for older Americans is more than four times more expensive than coverage for young adults, and your bill will help employers maintain coverage during these difficult economic times,” wrote TCU President Bob Scardelletti. “This will allow more employers to participate in the program and will further help reduce the cost of retiree coverage to the current program participants.”
“We stand ready to work with you and others to pass this important legislation.”
Click here to read the entire letter from TCU President Bob Scardelletti to Senators Kerry and Stabenow.
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