In a 2008 survey of 500 employers, only 29% of the survey respondents say their organization plays a large/primary role in meeting postretirement health care needs for current retirees. Less than half of the companies surveyed (47%) currently subsidize retiree medical coverage for current and future retirees. (p. 1)
The Towers Perrin 2008 Health Care Cost Survey, conducted in September 2007, marks the 19th consecutive year that Towers Perrin has surveyed, analyzed and reported on major trends in employee and retiree health care costs. A total of 500 employers, with operations in numerous locations nationwide, responded. Respondents are primarily Fortune 1000 companies.