Retirees
The switch to a privatized plan would save the city $600 million a year, but retirees say it’s not what was promised to them.
The Adams administration had moved to switch 250,000 public-sector retirees to a controversial, privately run health care plan on September 1.
The city’s 250,000 retirees will switch to a controversial privatized healthcare plan managed by Aetna after Mayor Eric Adams signed a deal endorsed by the major public sector unions earlier this month. Groups representing retirees said they intend to sue to stop it — again.
UFT president feels pressure from members who demand a union-wide vote on the retiree health care cost savings plan he’s championing.
The Municipal Labor Committee overwhelmingly voted for a public-private partnership managed by Aetna to fulfill promised cost savings, while retired workers continued court battles.
The ruling puts pressure on the city to finalize a Medicare Advantage plan for a quarter million retirees — and may lead to the elimination of Senior Care.
City Council must enable budget-cutting new health insurance options for retirees, warns Eric Adams’ chief labor negotiator — or City Hall will eliminate existing insurance plans.
The cancellation of a proposed cost-saving health plan after retired city workers sued could drain a special fund City Hall and unions use to pay employee benefits.
With a lawsuit slowing things down, insurers Elevance Health and Empire BlueCross BlueShield have pulled out of a controversial deal to change retired municipal employees’ Senior Care to a privately run plan “given the level of uncertainty at this time.”
Hundreds of thousands of city workers and their dependents could have their healthcare shifted to a cheaper plan by 2024, documents show.
Court rules retirees can keep current insurance free of charge, as alternative to a planned cost-cutting transfer to Medicare Advantage.
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Retired city employees will be able to opt out of their newly privatized health insurance until June 30, State Supreme Court judge Lyle Frank ruled.Retired city employees will be able to opt out of their newly privatized health insurance until June 30, State Supreme Court judge Lyle Frank ruled.
A judge’s decision delays the Oct. 31 deadline for former city employees to decide whether they want to move to private Medicare Advantage or pay for alternatives.
Uncertainty about coverage and costs under Medicare Advantage has a quarter million former city workers on edge. Two lawsuits seeking to block the move are slated to be heard in court Wednesday.
Impending move to privately managed health plans could save taxpayers as much as $600 million annually — at a high cost to retirees, who may have to pay more for less care and fewer doctor choices, some warn.
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