The 2011 tax hikes cost the state economy $55.8 billion in real GDP from 2012-2016.View Report
The highest state worker salaries in the nation, overtime pay, generous state pensions, taxpayer-subsidized health care coverage and free retiree health insurance for career workers combine to give the average Illinois AFSCME worker six-figure annual compensation.
The state’s largest government-worker union just voted to authorize a strike for state workers. The union perpetuates a myth that Gov. Bruce Rauner is waging war on the middle class – all while ignoring that his contract offer to state workers includes benefits unavailable to most Illinoisans working in the private sector.
New data released by the Illinois Department of Insurance reveal premiums for health insurance plans on Illinois’ ObamaCare exchange could soar by an average of 44 to 55 percent in 2017.
AFSCME balks at Gov. Bruce Rauner’s proposal that state workers chip in more for their Cadillac health insurance.
The health-benefits package provided to state workers contains much richer benefits than the average Illinoisan might receive, while paying a smaller amount for these benefits.
The president’s signature health-insurance overhaul is as unpopular as ever. And the underlying causes for dissatisfaction continue to worsen.
Health-care access and affordability are important goals. But they will never be achieved with a single-payer system – and that isn’t bad news.
The new federal spending bill, dubbed the “CRomnibus,” codifies that the ACA payments to insurers are budget-neutral, as the revenue to fund them will come from fees already assessed on health-insurance plans. This is not the blank check that insurers were hoping for.
Legislation being advanced by state Rep. Robyn Gabel, D-Chicago, would attempt to cover costs by charging a fee on every health-insurance plan sold through the state-funded health insurance exchange. This funding mechanism is likely to be insufficient. In fact, the new state tax on insurance plans may need to be three times the amount currently under consideration to truly cover administrative costs.
A new Illinois Policy Institute report lays out the many reasons why a state-based exchange is not only unnecessary, but also harmful to the state.