Font size:
Paying retiree health care bills as they come due, rather than focusing on the solvency of the fund, is risky, a Mackinac Center analyst told the Lansing State Journal.
“They are paying their (health care) bills a they come due, but it’s risky,” Fiscal Policy Analyst James Hohman said. “These bills are going to go up. Who knows what’s going to happen with health costs.”
The State Journal reported that Michigan has a $40 billion future liability for retiree health care for government employees, including teachers.
This recent Center policy brief examines the issue more closely.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.
