Jockeys Consider Health Insurance Options
California members of the Jockeys' Guild might consider other health insurance options because of premium increases under their group plan, the Los Angeles Times reports.
Jockey Joey Castro said monthly premiums for family coverage in 2007 are set to increase by about 125% on average, from about $250 to about $600. Health plan options for 2007 were announced at the guild's annual assembly in Las Vegas.
A portion of funds from the state uncashed-ticket fund is used to subsidize premiums for California jockeys' health insurance. The jockeys' share of the fund is about $1 million annually and must be used for health and welfare benefits (Christine, Los Angeles Times, 12/12).