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TABLE E5

Distribution of Private Sector Retirees Ages 55 and Over
by former and current coverage status under an employer provided health plan and selected demographic characteristics
Item Number of Retirees
(in thousands)
Percent with Employer Provided Health Coverage at Time of Retirement Percent who Continued Employer Provided Health Coverage After Retirement Percent Currently Covered Under Employer Provided Health Plan Percent with Employer Provided Health Coverage that can be Continued for Life

TOTAL

          17,405

                              60

                                    35

                             27

                                   24
Men                     8,607 71 48 38 33
Women 8,798 49 23 17 14

RACE
White 15,737 61 37 28 24
Black 1,403 49 22 17 15
All other races 265 49 22 16 14

EDUCATION
Less than 12 full years 6,315 52 26 19 16
High school graduate 6,247 62 38 29 25
Some college-no bachelor's degree 3,109 67 41 33 29
Bachelor's degree 1,228 70 48 38 33
Master's degree or higher 506 75 55 50 43

AGE
55-59 1,473 61 31 24 15
60-64 2,656 64 42 34 21
65-69 3,920 64 40 29 27
70-74 3,730 62 37 28 26
75-79 2,786 57 32 25 24
80 and older 2,841 51 28 21 20

AGE AT RETIREMENT
40-54 3,314 49 20 12 11
55-59 2,975 65 44 35 29
60-64 5,132 70 47 36 32
65-69 2,430 65 33 26 25
70 or older 905 48 21 16 14
Don't know or not available 2,650 49 29 25 20

SOURCE: Retiree Pension and Health Benefits Supplement to the September 1994 Current Population Survey.

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