NEWS MEDIA CONTACT
CHRISTOPHER B. SUMMERS, 240.686.3510
JANUARY 8, 2014
FOR IMMEDIATE RELEASE
Council Right to Rein in Anne Arundel Health Insurance Costs
ROCKVILLE, MD (January 8, 2014) – The Maryland Public Policy Institute today praised the Anne Arundel County Council for voting to put the County retiree health program on sustainable footing with $300 million in savings. The Council’s bipartisan vote Monday on Bill 85-13 comes two months after the Institute released a report, titled “Perpetual Shortfall,” showing that Maryland state and local governments carry nearly $28 billion in unfunded retiree health obligations.
“Like many counties in Maryland, Anne Arundel County’s retiree health benefits program is speeding toward insolvency,” said Christopher B. Summers, president of the Institute. “With $1 billion in obligations looming, the program could wreck the County’s finances. The Council deserves credit for voting to rein in exploding health benefits liabilities while ensuring county employees have access to health benefits in the future. We hope the Anne Arundel County Executive signs this important legislation into law.”
Bill 85-13 now awaits County Executive Laura Neuman’s signature.
Founded in 2001, the Maryland Public Policy Institute is a nonpartisan public policy research and education organization that focuses on state policy issues. Our goal is to provide accurate and timely research analysis of Maryland policy issues and market these findings to key primary audiences. The mission of the Maryland Public Policy Institute is to formulate and promote public policies at all levels of government based on principles of free enterprise, limited government, and civil society.