U.S. ruling backs health benefit cut at 65

The Equal Employment Opportunity Commission said that employers could eliminate health benefits for retirees when they turn 65 and become eligible for Medicare. The new regulation allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited benefits for those older. More than 10 million retirees rely on employer-sponsored health plans as a primary source of coverage or as a supplement to Medicare.