So to keep your health insurance you just postpone retirement and keep working, right? According to a 2012 Health Confidence Survey (HCS), sponsored by EBRI and Mathew Greenwald and Associates, it’s not as easy as it might sound.
More than half of all workers (53%) say they intend to work longer than they would like in order to keep their health insurance at work, according to new research by the nonpartisan Employee Benefit Research Institute (EBRI). However, the actual experience of retirees suggests that may be wishful thinking: Less than one in five (19%) retirees say they were actually able to do so, the EBRI report says.
The HCS also found a growing proportion of older American workers who would retire earlier if they were assured of health coverage: In 2003, 15% of workers reported that they would retire earlier than planned if they were guaranteed access to health insurance, but by 2012, that percentage had nearly doubled (27%).
