A Bill Coming Due
Wednesday, December 6th, 2006UHCEF Article of Interest
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Steve Bailey
The Boston Globe (click here for link to original article)
6 December 2006
To appreciate what is happening to healthcare costs, consider this amazing number: $2,228,099.
That is what it will cost the City of Boston, on average, for health insurance alone for a single employee, say a cop or a teacher, over a lifetime, according to Segal Co., the city’s actuarial consultant. That is $2.2 million per employee on a city payroll that currently has 16,400 employees and another 12,600 retirees and their dependents. (more…)