The reality too is that the CEO of Aetna earns 24 million a year, taken from those profits, Cigna's CEO takes home 30 million a year see a great table from the same link.showing profits in the billion-plus zone and CEO salaries Health … [Read more...]
Reform before revenue: Springfield/GIC edition
New report from big time Boston think tanks Rappaport Institute and Collins Center says there's gold in them thar GIC hills: The study finds that, by joining the Group Insurance Commission (GIC), Springfield cut increases in its … [Read more...]
Straighter Talk on the GIC
27 jurisdictions have agreed to be insured through the GIC. They include Melrose, Pittsfield, Quincy, Springfield and Weymouth.62 locals were involved in GIC activity. Thirty-five percent of those conversations were initiated by both … [Read more...]
DiMasi: Towns should be able to mandate GIC
Somehow I missed this, and it seems rather under-reported, but this is a big deal: DiMasi is saying (again) that municipal leaders should have "the sole decision" in deciding whether muni employees enter the Group Insurance Commission, the … [Read more...]
Public vs. private competition = Awesome!
I like the direction of things! So, Blue Cross Blue Shield is not included in the state's employee health care plan, the Group Insurance Commission. Too expensive, and GIC chief Dolores Mitchell says tough luck, no Blue. Well … [Read more...]
Quincy’s Mayor Phelan goes “Old School”
As I'm sure you are aware, on July 25th Governor Patrick signed into law key provisions of the Municipal Partnership Act. These provisions are designed to cut costs, as well as create new revenue in order to facilitate meaningful property … [Read more...]
A reason for health insurers?
From the No Harm In Trying The Obvious Dept. .... A while back I said Charlie Baker had failed to justify his existence -- well, to be nicer, and more accurate, his company's existence. Why must we have health insurers at all? But in … [Read more...]
Attaboys
Echoing MassLib: Things I don't have a lot to say about except good job, keep it up:We're going to take steps to save energy. With the New England grid under stress, how about trying conservation first? Fluorescent bulbs, energy-efficient … [Read more...]
House passes GIC bill and gives Deval a win.
Today the House overwhelmingly approved the so called GIC bill, a part of the Gov?s Municipal Partnership by a near unanimous vote.The bill originally filed by Watertown Rep. Rachel Kaprielian, would allow municipalities to enroll workers … [Read more...]
Health care spending: The blob that ate Massachusetts
Telling us what we already pretty much knew, here's the Globe:Health care spending for Massachusetts communities has nearly doubled since 2001, squeezing town budgets and forcing cutbacks in public safety and government services and leading … [Read more...]