Retiree Prescription Drug Benefits
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Transcript of Retiree Prescription Drug Benefits
![Page 1: Retiree Prescription Drug Benefits](https://reader035.fdocuments.us/reader035/viewer/2022072016/568132a8550346895d994a52/html5/thumbnails/1.jpg)
© 2004 SHRM
SHRM Weekly Online Survey: May 18, 2004
Retiree Prescription Drug Benefits
• Sample comprised of 242 randomly selected HR professionals.
• Analyzing 242 responses of 1555 emails sent, 1531 emails received (response rate = 16%).
• Survey fielded May 18 – May 24, 2004; presentation generated on May 25, 2004.
• Margin of error is +/- 6.0%
![Page 2: Retiree Prescription Drug Benefits](https://reader035.fdocuments.us/reader035/viewer/2022072016/568132a8550346895d994a52/html5/thumbnails/2.jpg)
© 2004 SHRM
SHRM Weekly Online Survey: May 18, 2004
1. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 provided changes for the provision of employer provided prescription drug benefits for Medicare-eligible retirees. Will your organization eliminate prescription drug coverage for Medicare-eligible retirees based on the new Medicare bill?
2%
41%
57%
0%
10%
20%
30%
40%
50%
60%
Yes No Not sure
Note: 44% of respondents indicated that their organization does not offer prescription drug benefits for retirees.
Note: Percentages are based on respondents who currently offer prescription drug coverage for retirees (n = 135)
![Page 3: Retiree Prescription Drug Benefits](https://reader035.fdocuments.us/reader035/viewer/2022072016/568132a8550346895d994a52/html5/thumbnails/3.jpg)
© 2004 SHRM
SHRM Weekly Online Survey: May 18, 2004
1. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 provided changes for the provision of employer provided prescription drug benefits for Medicare-eligible retirees. Will your organization eliminate prescription drug coverage for Medicare-eligible retirees based on the new Medicare bill?
Choice Count Percentage Answered
Yes 2 1.5%
No 56 41%
Not sure 77 57%
Note: 44% of respondents indicated that their organization does not offer prescription drug benefits for retirees.
Note: Percentages are based on respondents who currently offer prescription drug coverage for retirees (n = 135)