PhillyDeals: Cigna buys Belgium insurer, doubling its expatriate business | Philadelphia Inquirer | 09/01/2010

The U.S. government Tuesday named the first 2,000 U.S. employers who'll qualify for part of the $5 billion the U.S. is paying out under President Obama's Affordable Care Act to encourage bosses to keep early retirees insured, so the government doesn't have to pick up their coverage directly as it expands Medicare over the next four years.
By then, state insurance exchanges are supposed to be making coverage for people in their 50s and early 60s more affordable, U.S. Health and Human Services Secretary Kathleen Sebelius said in a statement.

Among the Philadelphia-area employers getting early retiree health care subsidies under the new law: AstraZeneca, Comcast, DuPont, Hershey, and Sunoco. Plus the state of Pennsylvania, the city of Philadelphia, and Haverford Township on the Main Line; locals of the Carpenters' and Teamsters' unions, and the New Jersey and Pennsylvania state teachers' unions; Christiana Hospital; Longwood Gardens; and Temple University, the University of Pennsylvania, and Villanova University.



Read more: PhillyDeals: Cigna buys Belgium insurer, doubling its expatriate business | Philadelphia Inquirer | 09/01/2010
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