Labor & Economic News Blog
Wednesday, July 20, 2005
Rising healthcare costs stagger Massachusett citiesBy Lisa Wangsness, Boston Globe
Saying their budgets are being crippled by soaring healthcare costs, cities and towns want the Legislature to give them more flexibility in designing health insurance benefits for their employees. A report by the Massachusetts Taxpayers Foundation released yesterday cited a ''crisis in municipal health costs" and said cities and towns have seen a 63 percent increase in health insurance costs since fiscal year 2001, nearly double the rate of increase of state healthcare costs and more than four times the growth rate of local budgets.
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