Do Older Workers Without Benefits Find Health and Retirement Coverage?

TitleDo Older Workers Without Benefits Find Health and Retirement Coverage?
Publication TypeReport
Year of Publication2020
AuthorsRutledge, MS
Series TitleCenter for Retirement Research at Boston College Briefs
Document NumberIB#20-12
InstitutionCenter for Retirement Research at Boston College
CityBoston
Keywordshealth coverage, nontraditional jobs, Older workers, Retirement
Abstract

Workers in nontraditional jobs, without health and retirement benefits, have to seek coverage elsewhere.On the health side, most do obtain coverage – often through a spouse’s employer or a private individual policy.And the percentage remaining uninsured has been declining in the wake of the Affordable Care Act, particularly in states that expanded Medicaid coverage.On the retirement side, workers often end up with no viable option, as they rarely open an IRA and their spouses with a 401(k) do not save more to compensate.The failure on the retirement side highlights the need for auto-IRA programs.

URLhttps://crr.bc.edu/briefs/do-older-workers-without-benefits-find-health-and-retirement-coverage/
Citation Key10932