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carmansam123 t1_j6j5v3f wrote

Reply to comment by lurrkee in Mayor Adams plows ahead with plan to privatize health benefits for 250,000 NYC municipal retirees by mowotlarx

or Nixon when you really think about it.

Sorry what were we talking about again? Anyway we can remain focused on the matter at hand to actually make an impact?

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BourdainTiffin t1_j6j7ynq wrote

The fact that it was started under De Blasio is relevant. I would say De Blasio has pretty solid progressive Bona Fides and he was ready to make this transition. This is because the City has a limited budget and cannot deficit spend. If we are not switching to Medicare Advantage we are going to either cut spending elsewhere or raise taxes.

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grandzu t1_j6lobbb wrote

They're screwing retired to pay for current. The supposed saved money directly gets funneled into the Health Insurance Premium Stabilization Fund initially established in the 1980s to balance the costs of the health plans available to current city workers.

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