"Although many seniors are happy with the generous drug coverage they have from their former employers, the number of companies offering that kind of coverage has decreased by one-third since the mid-1980s"
About this Quote
The intent is less to celebrate the seniors who are currently insulated than to stress how contingent that insulation is. Former employers once functioned as a private welfare state for retirees; Gerlach is marking the erosion of that arrangement as an argument for public intervention, or at least for policy that anticipates a widening gap. The subtext is blunt: today’s “generous” coverage is a legacy perk, not a durable promise. If you’re relying on it, you’re relying on a benefit corporate America is steadily abandoning.
Context matters: the mid-1980s onward spans deindustrialization, the shift toward shareholder-value management, rising prescription costs, and the move from defined-benefit commitments toward cost-containment. By anchoring the decline to a long timeline, Gerlach frames it as a bipartisan, multi-decade drift rather than a single administration’s failure - a useful posture for a politician making the case that the market, left alone, won’t keep seniors covered.
Quote Details
| Topic | Aging |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Gerlach, Jim. (2026, January 16). Although many seniors are happy with the generous drug coverage they have from their former employers, the number of companies offering that kind of coverage has decreased by one-third since the mid-1980s. FixQuotes. https://fixquotes.com/quotes/although-many-seniors-are-happy-with-the-generous-110639/
Chicago Style
Gerlach, Jim. "Although many seniors are happy with the generous drug coverage they have from their former employers, the number of companies offering that kind of coverage has decreased by one-third since the mid-1980s." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/although-many-seniors-are-happy-with-the-generous-110639/.
MLA Style (9th ed.)
"Although many seniors are happy with the generous drug coverage they have from their former employers, the number of companies offering that kind of coverage has decreased by one-third since the mid-1980s." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/although-many-seniors-are-happy-with-the-generous-110639/. Accessed 18 Feb. 2026.
