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© 2004 SHRM SHRM Weekly Online Survey: May 18, 2004 Retiree Prescription Drug Benefits Sample comprised of 242 randomly selected HR professionals. Analyzing.

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Presentation on theme: "© 2004 SHRM SHRM Weekly Online Survey: May 18, 2004 Retiree Prescription Drug Benefits Sample comprised of 242 randomly selected HR professionals. Analyzing."— Presentation transcript:

1 © 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%

2 © 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? 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)

3 © 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? ChoiceCountPercentage Answered Yes21.5% No5641% Not sure7757% 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)


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