Navigation Links
New paper addresses myths, realities of government retiree health care crisis
Date:7/16/2008

While some states are taking adequate steps to address the cost of retiree health-care benefits, others including New Jersey, New York, California and North Carolina are facing tens of billions of dollars in so-called "unfunded liabilities." The myths and realities of this potential crisis are laid out in a new issue brief written by Dr. Robert Clark, a professor of economics and of management, innovation and entrepreneurship at North Carolina State University, and released by the Center for State and Local Government Excellence.

The paper, The Crisis in State and Local Government Retiree Health Benefit Plans: Myths and Realities, examines the current financial status of state retiree health plans from around the country. States with the lowest unfunded liabilities include North Dakota, Wyoming, Iowa and Oregon.

The brief finds that:

  • Although there are widespread reports of a major fiscal crisis, the reality is that some states face a fiscal crisis while others do not.

  • There are substantial differences in the total liabilities of state retiree health plans, depending on the generosity of the plan and the size of the public sector.

  • Retirement benefits are not protected by state laws or constitutions, and public sector employers will continue to amend their plans to reduce costs.


'/>"/>

Contact: Matt Shipman
matt_shipman@ncsu.edu
919-515-3470
North Carolina State University
Source:Eurekalert

Page: 1

Related medicine news :

1. China Medicine Releases White Paper on Developing Recombinant Aflatoxin-Detoxifizyme
2. New White Paper from The Beryl Institute: Mystery Shopping the Patient Experience
3. 2008 Mitchell Medical Industry Conference Previews 100 Percent Paperless Auto Medical Claim Solution
4. World research leaders gather in Finland to accelerate the development of bioactive paper
5. CCH White Paper Details Subprime Crisis, Wider Effects
6. VIDEO from Medialink and SureScripts: Does Your Doctor Still Use Paper Prescriptions?
7. Grocery Manufacturers Association Releases Science Policy Paper on Bisphenol A
8. Boise(R) BEWARE(R) Meets April 1 Federal Medicaid Guidelines Requiring Tamper-Resistant Prescription Paper
9. MassMutuals Center for Behavioral Research(SM) Releases White Paper on Best Practices in Education Campaigns
10. Wellcorps International Releases Major Paper on History and Evolution of Amphetamine and Anti-Depressant Use in America
11. Baxa Corporation Launches Call for Research Papers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/22/2017)... ... February 22, 2017 , ... ... in recent years. The technology is so cutting edge, in fact, the U.S. ... for stem cell procedures. However, successful patient outcomes in certain clinical stem cell ...
(Date:2/22/2017)... CRANBURY, N.J. (PRWEB) , ... February 22, 2017 ... ... than a one-size-fits-all approach, leads to fewer trips the emergency room, fewer hospital ... in The American Journal of Managed Care® (AJMC®) finds. The study can be ...
(Date:2/22/2017)... Shrewsbury, PA (PRWEB) , ... February 22, 2017 , ... ... 2017 where the company met national TV host Tom Seay and his production crew. ... is a favorite among equestrians around the world. Saddle Sidekicks will be featured ...
(Date:2/22/2017)... ... February 22, 2017 , ... ... to Quality Insights to help small practices in Delaware, New Jersey, Pennsylvania and ... by the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). , ...
(Date:2/22/2017)... ... February 22, 2017 , ... Forty-five percent ... those report that family members or friends have also commented about their poor ... loss wear hearing aids. One reason, suggested by 89 percent of American respondents, ...
Breaking Medicine News(10 mins):
(Date:2/22/2017)... Summary Provides understanding and ... entered into by the worlds leading healthcare companies. ... Description The Global Atherosclerosis Partnering Terms and ... to partnering deals and agreements entered into by ... Trends in partnering deals - Top deals ...
(Date:2/22/2017)... Feb. 22, 2017 Summary Provides ... deals and agreements entered into by the worlds leading ... Description The Global Motor Neurone Disease Partnering ... access to partnering deals and agreements entered into by ... in partnering deals - Top deals by value ...
(Date:2/22/2017)... , February 22, 2017 ... microscopy market are Olympus Corporation, Nikon Corporation, and ... or 75% in the overall market in 2015. ... product innovation through result-oriented research and development activities ... expected to focus on expanding their business to ...
Breaking Medicine Technology: