Posted: Jun 29, 2012 9:33 AM
Updated: Jun 29, 2012 9:33 AM
Source: Associated Press
BATON ROUGE - The East Baton Rouge Parish school system may end offering supplemental health insurance to almost 2,700 retired employees. The Advocate reports the move would save the school system an estimated $8.7 million a year.
Instead, the school board is considering paying money into Medicare for retirees.
The school system is trying to keep its self-insured employee medical coverage program in the black.
If approved, the changes would take effect Jan. 1.
The board is planning to vote on the issue at its July 19 regular meeting.
If the board rejects the shift to Medicare, officials say the board likely would have to increase out-of-pocket costs for the nearly 10,000 people who use the coverage.