NYC is forcing 250,000 retirees onto for-profit Medicare plans, and their unions are letting it happen.
Public employees in New York City have given up a lot over the years to keep their ironclad retiree health care coverage, and it paid off until now. Along with paying traditional Medicare premiums, the city pays for a wrap-around supplement called Senior Care that picks up nearly all costs not covered by Medicare, along with drug benefits.
MLC leaders said their consultants told them the difference would be picked up by the federal government, Rodberg said. But while the federal government used to subsidize for-profit Medicare Advantage plans 20 percent over what they paid out for traditional Medicare patients, that subsidy is now down to 2 percent.
They rallied when the MLC met: “We marched on the hottest day of the year,” Brandman recalled. They held a Valentine’s Day “Don’t Break Our Hearts, Mayor Adams” event. In her testimony before the council, Jen Gaboury, PSC chapter chair at Hunter College said, “We know these ‘savings’ don’t come from some brand of private business magic. If you get this money, you’ll be denying care and/or delaying treatment to your own people, older city workers.”Part of the problem is that the unions created a $600 million hole in the last round of contracts and they’re trying to plug it now.
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