Mapp's Proposal To Raise Cost Of Insurance On Gov't Employees And Retirees Unlikely To Win Senate Approval

Governor Kenneth Mapp's proposal to place more of the health insurance burden on government employees and retirees by raising their share of the cost, will most likely not win the support of senators, according to a recent post by Senator Kurt Vialet, chairman of the Finance Committee, who appeared to suggest that he had the support of his colleagues in ensuring that employees and retirees are not forced to pay more than what they're already paying. The current system sees the government paying 65 percent of healthcare costs for current employees, while these employees pay 35 percent. The 2018 budget calls for a 60/40 split. For retirees under the age of 65, the administration is seeking even greater savings with a proposed 50/50 cost sharing setup. At a press conference in July, Mr. Mapp said if the changes were to be implemented, the government would save $20 million annually on the 50/50 split alone. If senators leave the proposals as is, current government employees will ...