Two state health subcommittees focused Monday on the rising cost and utilization of health care. Those costs are the basis of predictions about how many healthcare services employees and retirees will use and are used to determine insurance premiums and more. At a joint SEBC Financial and Health Policy & Planning Subcommittee meeting Monday, Chris Giovannello of Willis Towers Watson …
The State Employee Benefits Committee agreed to increase rates for workers on state health insurance by 9.4%. Chris Giovannello, who advises the state on benefits, said the committee had the option of a 16.8% increase at the beginning of July, or the 9.4% increase next year to address a $140.5 million deficit. The committee is expected to vote for the …
The state of Delaware’s health insurance program could soon be split almost evenly between workers and retirees because of the shortage of workers and rising numbers of retirees. That’s important because in general younger workers use less health care. Employers everywhere rely on that to offset the higher costs of older workers who generally use more health care services. How …
