Senators John Kerry (D-Mass.), Debbie Stabenow (D-Mich.) and Richard Blumenthal (D-Conn.) today introduced legislation to protect and stabilize retiree health coverage. The Retiree Health Coverage Protection Act (S. 1088) would provide an additional $5 billion to the Early Retiree Reinsurance Program (ERRP) to help them afford health insurance and costly medical expenses. Kerry successfully included the ERRP in the Affordable Care Act last year.
http://politicalnews.me/?id=7717This link, which contains a press release from Kerry's office explains this and another program that both use Kerry's reinsurance idea.
(You would think this bill that would protect the insurance that many in MA have would get coverage from the Boston Globe, which I guess is still waiting for Scott Brown to step up to champion health care issues.