NC Employee Health Plan In Trouble

Aren't you glad that the wise voters of North Carolina responded to the corruption and mismanagement in state government by throwing those responsible out of office? Oh wait, they didn't?

I hope all the state employees and teachers enjoy the possible 33% increase in medical insurance co-pays. Good thing we re-elected such wise and responsible leaders.

From Jim Stegall at the Carolina Journal:

ASHEBORO — Four months after finding that the State Employees’ Health Plan was on track to finish the fiscal year $264 million in the red, N.C. legislators yet have to agree on a plan to stop the bleeding.

While the plan’s administrators struggle to find ways to economize, the Senate’s No. 2 lawmaker, Tony Rand, is trying to develop a long-term fix to the problem — a fix that will most likely involve higher premiums and co-pays for the 650,000 teachers and state employees who depend on the plan.

Walker’s report indicated that it would take a premium increase of 32.8 percent to 37.4 percent, depending on usage and inflation, to make the plan solvent again.