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Health Benefit Costs as a Percent of the State Budget Have Doubled in the Last 10 Years

10%

9%

8%

7%

% OF TOTAL BUDGET

6%

5%

4%

3%

2%

1%

0%

FY 01

FY 02

FY 03

FY 04

FY 05

FY 06

FY 07

FY 08

FY 09

FY 10

FY 11

FY 12*

*Without the Administration’s proposed health reforms, health costs in FY12 would represent 9% of the State Budget

  • New Jersey, 92%; Delaware, 91%; New York, 83%; the Federal Government, 66%.

The Christie Reform Plan will stop the skyrocketing increase in costs borne by taxpayers by modernizing the system without raising taxes or cutting essential government services. The changes Governor Christie is proposing will transform New Jersey’s public employee health plans and deliver savings for taxpayers, along with more choices for employees and a benefits system that puts New Jersey firmly on a path toward fiscal sanity.

  • Gradually transitioning to a more realistic-cost sharing model that has the employer pay 70% of costs and the employee pay 30%. Currently, New Jersey pays 92% of benefit costs, a share that is far out of line with what private sector employers pay, not to mention other states or the federal government. Federal employees pay about 34% of their health care costs, more than four times what New Jersey government employees pay on average. This change would be completed by

2014.

50

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