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    Retiree Health Plans in the Public Sector: Is There a Funding Crisis? (Hardback) By (author) Robert L. Clark, By (author) Melinda Sandler Morrill

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    DescriptionWhile retiree health plans are a dying benefit in the private sector, all US states and many local governments extend health insurance coverage to their retired employees. This book is the first to thoroughly examine public sector health insurance plans. Retiree Health Plans in the Public Sector provides a detailed description of the current plans offered and compares how they vary across states. Health insurance is an important component of compensation in the public sector as it helps governments attract and retain quality workers and encourages timely retirement for career employees. Rapidly rising medical costs, an aging labor force, and an increasing number of retirees have dramatically increased the cost of providing this benefit. A central theme of this analysis is a presentation of the actuarial accrued liabilities, the unfunded liabilities and the annual required contribution of the employers based on the actuarial statements for retiree health plans. The authors also investigate why some states face major funding problems while the costs of other states' plans are much more manageable. Extensively researched and well-suited for classroom and professional use alike, academics in the fields of economics and public policy will find this an unmatched resource. So too will policymakers, economists, legislators, public sector union leaders and those invested in public sector healthcare.


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    Title
    Retiree Health Plans in the Public Sector
    Subtitle
    Is There a Funding Crisis?
    Authors and contributors
    By (author) Robert L. Clark, By (author) Melinda Sandler Morrill
    Physical properties
    Format: Hardback
    Number of pages: 176
    Width: 160 mm
    Height: 236 mm
    Thickness: 16 mm
    Weight: 431 g
    Language
    English
    ISBN
    ISBN 13: 9781848447585
    ISBN 10: 1848447582
    Classifications

    BIC E4L: POL
    B&T Book Type: NF
    Nielsen BookScan Product Class 3: S4.0T
    B&T Merchandise Category: TXT
    B&T Modifier: Region of Publication: 03
    BIC subject category V2: KNV
    B&T Modifier: Geographic Designator: 01
    B&T Modifier: Academic Level: 02
    BISAC V2.8: POL013000
    B&T General Subject: 605
    BISAC V2.8: BUS050040
    LC subject heading:
    DC22: 368.38200973
    BISAC V2.8: POL029000
    DC22: 331.25540973
    LC classification: JK794.H4 C59 2010
    LC subject heading: , , , ,
    Thema V1.0: KNV
    Publisher
    Edward Elgar Publishing Ltd
    Imprint name
    Edward Elgar Publishing Ltd
    Publication date
    01 November 2010
    Publication City/Country
    Cheltenham
    Table of contents
    Contents: 1. Retirement Benefits in the Public Sector: The Role of Retiree Health Plans 2. The Economics of Retiree Health Insurance Benefits 3. Descriptions of State Retiree Health Plans 4. Funding and Liabilities of State Retiree Health Plans 5. Explaining the Differences in Financial Status of State Retiree Health Plans 6. Retiree Health Plans for Public School Teachers 7. The Future of Public Sector Retiree Health Insurance References