Isn’t this the norm? I retired early & have to pay for my insurance until I’m old enough for Medicare. My sweetie, who’s a bit older than me, was dropped from insurance when he became eligible for Medicare. It didn’t seem as if there was a choice!
There isn’t a choice, you are correct. And just as a side note, people don’t “love” their medicare, they have no choice but to use it!
A company providing any benefits to active or retired employees has always been a choice. Benefits are used to attract talent and to reward retirees for their years of service. Like anything else when the cost gets excessive the benefit goes away. Unlike Gov't, private companies cannot draw upon an endless supply of other people's hard earned money to pay their expenses. There is always a lower cost competitor in the wings, Gov't has no such competitor