California is facing a deficit. To protect services, the state should make use of billions of federal dollars currently being left on the table. Unlike Colorado, Oregon and Washington, California still runs an insurance system for retired employees even though that became redundant after President Obama and Congress enacted the Affordable Care Act, which provides premium support to purchase health insurance. For example, a retired 55-year-old California prison guard with a family of four collecting $100,000 per year in pension could receive $1,900 per month in premium support:
Protecting State Services From A Deficit
Protecting State Services From A Deficit
Protecting State Services From A Deficit
California is facing a deficit. To protect services, the state should make use of billions of federal dollars currently being left on the table. Unlike Colorado, Oregon and Washington, California still runs an insurance system for retired employees even though that became redundant after President Obama and Congress enacted the Affordable Care Act, which provides premium support to purchase health insurance. For example, a retired 55-year-old California prison guard with a family of four collecting $100,000 per year in pension could receive $1,900 per month in premium support: