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Thursday, August 14, 2014

Md. Awards $16 billion, 10-Year Contract For Health Insurance

By Len Lazarick
Len@MarylandReporter.com


Top state officials on Wednesday approved spending $16 billion over the next 10 years on health insurance for over 200,000 state employees, retirees and their dependents.

One of the largest contracts ever granted, the three-member Board of Public Works approved it at a meeting dominated by discussion of the positives and negatives of health care delivery in Maryland, including serious patient care problems at state hospital in Hagerstown.

Comptroller Peter Franchot repeatedly objected to the size and length of time in the health insurance contract. “Who knows what’s going to happen to health care over the next 10 years?” Franchot complained. He noted that just six years ago there was no Obamacare, and there is political uncertainty about the future. 

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1 comment:

Anonymous said...

They should be going through their health exchange, and paying out of pocket. Criminals!