Wednesday, April 2, 2008

Comptroller announces cost-saving health program for municipalities

Today Comptroller Nancy Wyman is announcing a new venture from her office that could save CT cities and towns tens of millions of dollars on health insurance costs. The Comptroller was joined in the announcement by Bart Russell, head of the CT Council of Small Towns, Sal Luciano, from AFSCME Council 4, and John Yrchik, of the CT Education Association. The self-funded Enhanced Municipal Employees Health Insurance Plan leverages the state’s buying power and pools municipal workers across the state to reduce costs. As an example, a town with 1,000 employees could save as much as $720,000 each year. The program will cost the state nothing – all costs will be paid through premiums. Coverage is scheduled to begin July 1st. The Comptroller’s Office purchases health coverage for over 200,000 state employees, retirees and dependents.
Ellen Andrews