Yahoo! News - Companies Rapidly Cutting Health Benefits
WASHINGTON - Many companies are dropping their promise of health benefits for future retirees, who now might have to stay on the job longer and rely on government health care in their old age.

Eight percent of employers with at least 1,000 workers said they had eliminated subsidized retiree health benefits for some workers this year, and 11 percent more said they probably would do so next year, according to a study released Tuesday by the benefits consulting firm Hewitt Associates and the nonprofit Kaiser Family Foundation.

Um, you guys might want to check the story I just blogged earlier today about the government cutting those programs. We are in some mighty deep shit here.