The Municipal Labor Council has endorsed a plan to secure $ 3.4 billion in health care savings, plus an additional $ 1 billion from
the health stabilization fund, from FY 2015 — FY 2018, which would offset a portion of the cost of implementing the pattern for all municipal bargaining units.
They accounted for the $ 13.6 billion cost of all the contracts by adding funds to the existing labor reserve in the budget, spending $ 1 billion from a separate account known as the «
health stabilization fund» and forcing unions to come up with $ 3.4 billion worth of health care savings through FY2018.
Not exact matches
Comptroller DiNapoli's
stabilization plan benefits government employers and the long - term fiscal
health of the pension
fund.
The preliminary budget includes $ 5.5 billion in reserves, including $ 1 billion in the general reserve, $ 250 million in the Capital
Stabilization Reserve, and $ 4.25 billion in the Retiree
Health Benefits Trust
Fund.
While the preliminary budget had already laid out $ 1 billion for the General Reserve and $ 500 million for the Capital
Stabilization Reserve, the mayor added another $ 250 million to the Retiree
Health Benefits Trust
fund, bringing it to a total of $ 3.7 billion.
Summer professional development Teacher and principal recruitment Enrollment
Stabilization Update Measure G1
funds allocation Fiscal
health risk analysis report Board Budget... Read More
He noted that if insurance companies are able to reduce rates because of increased
stabilization funding, it would mean more consumers would buy
health plans, and the insurance companies would return to normal profitability margins.
As noted in a study released by the Council for Affordable
Health Care (CAHC), an increase of $ 9 billion in stabilization funding could reduce health insurance premiums by 25 % for consumers in the next open enrollment p
Health Care (CAHC), an increase of $ 9 billion in
stabilization funding could reduce
health insurance premiums by 25 % for consumers in the next open enrollment p
health insurance premiums by 25 % for consumers in the next open enrollment period.
The CAHC report on the Impact of
Stabilization Funding on ACA Premiums and Subsidies outlines how added funding could eliminate or greatly reduce the cost of health insurance, bringing the price of premiums back to 2016 levels or
Funding on ACA Premiums and Subsidies outlines how added
funding could eliminate or greatly reduce the cost of health insurance, bringing the price of premiums back to 2016 levels or
funding could eliminate or greatly reduce the cost of
health insurance, bringing the price of premiums back to 2016 levels or lower.
Communicating for America (CA) recently called on Congress to provide «
stabilization funds» in the recent Republican - introduced American
Health Care Act reform legislation.
These grantees are
funded to provide a diverse set of services, including job training and placement, referrals for housing, mental
health and substance abuse, connections to healthcare and effective parenting and family
stabilization.