insurance

State worker health insurance to rise 22%, add $50M cost

Betsy PriceGovernment, Headlines

The state of Delaware will need at least an additional $50 million dollars in fiscal 2025 to pay for increases in the cost of employee health insurance, which is expected to see premium rises of up to 22%. Ruth Ann Miller, controller general, said the program will have a shortfall of $15 million by April 1 and will need $22 …

Delaware State Benefits Committee health insurance premium rate hikes

State health insurance premiums may rise 7% for next 3 years

Betsy PriceGovernment, Headlines

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 …