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Medical Costs Send Dreams of Early Retirement Crashing into Insurance Reality.

Publication: Knight Ridder/Tribune Business News
Date: Sunday, November 30 2003

By Pamela Yip, The Dallas Morning News Knight Ridder/Tribune Business News

Nov. 30--Retirement wasn't supposed to be this way for Eloise Bolt. She had to go back to work just to pay for her health insurance.

Mrs. Bolt, a 56-year-old retiree from TXU Corp., is working as a secretary for $9 an hour to help pay the $659 a month in insurance premiums for her and her husband. The premiums are due to rise to $725 a month in January u seven times what she paid out of pocket when she worked for TXU a year ago.

"I did not save money to pay seven times

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