Reinventing Healthcare for Public Sector Retirees

Content Summary

The level of unfunded retiree healthcare debt is becoming an unsustainable financial burden for state and local governments. As costs continue to increase, public sector employers are facing budgetary difficulties, credit rating pressure, and default risk. State and local governments may be forced to cut benefits or pass tax increases on to their constituents to meet these growing obligations.
However, a viable solution already exists. It’s one that private sector employers have used to their advantage for over 20 years: the individual marketplace.

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