State officials say new law has saved more than $175m in health insurance premiums for municipalities, school districts

July 11, 2012

By Martin Finucane, Globe Staff

Massachusetts officials said today that a new law designed to help municipalities and school districts reduce their health insurance costs has saved more than $175 million in premium costs for 127 municipalities and districts.

Administration and Finance Secretary Jay Gonzalez said that the law, which was intended to “modernize benefit plan design” at the municipal level, was the result of “all stakeholders acknowledging the fact that high costs were crushing municipalities at the expense of services and jobs, and that we needed a solution.”

“The political process is working in Massachusetts to make changes that needed to be made,” he said in a telephone conference call with reporters and other interested parties.

Read Full Article: 
Boston Globe