“Self-insurance allows us to get a taxpayer savings of $103 million with no changes to benefits to state employees,” Department of Administration Secretary Scott Neitzel said Friday during a press conference with Walker’s budget director Waylon Hurlburt and Deputy Insurance Commissioner J.P. Wieske.
The $103 million in savings includes the $60 million in general purpose revenue, a $22 million health insurer fee under the Affordable Care Act and $21 million worth of premium increases that would not materialize if the state self-insured, according to Hurlburt.
But critics say the Walker administration numbers are misleading because bids for health plans aren’t due until June 30, so the figures are based on assumptions.
Um… budgets are always based on assumptions…
Do it and include all public school employees!