Retiree benefit change clears committee
Here's a news item from AP: 'Idaho state government retirees would be moved to private insurance plans according to a measure that cleared a House committee where a similar bill stalled a year ago. The Department of Administration made several changes to the bill including boosting a premium subsidy for early retirees to $155 a month from $100. There was just a single no vote from Boise Democrat Phylis King. Donna Yule, Idaho Public Employees Association executive director, said the bill was improved but still not good enough. She fears that about 200 of 2,200 Idaho state government retirees who are eligible for medicare but have high prescription costs will face substantially higher out of pocket drug expenses. The state says it has to trim retirees from insurance to reduce an unfunded medical liability of $477 million and growing.'