Sacramento County Approves Retiree Health Care Subsidy
On Tuesday, the Sacramento County Board of Supervisors voted 3-2 to continue providing a medical insurance subsidy in 2012 for retirees who are insured under a county health insurance program. An external actuarial report issued in September found that the county could pay up to $1.86 million for the subsidy next year. The county currently pays aÂ monthly subsidy to 4,000 retirees in the program, but less than half as many retirees will be eligible for the benefit next year, according to the report.
- "Sacramento County Will Continue Medical Subsidy for Retirees" (Branan, Sacramento Bee, 11/9).