Last year, the city-parish announced a plan to shift retirees from its traditional employer-sponsored health plan to a Medicare Advantage plan. Doing so, officials said at the time, would allow the federal government to subsidize retiree health care costs, reducing the city-parish’s financial burden. Now, more than 75% of eligible retirees have transitioned to the
City-parish says its retiree health plan shift is saving $15M annually
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