Big Cost-Saving Moves Are Not Easy To Make
One of former Mayor Eddie Sundquist’s best policy decisions came with trying to move city retirees off of the city’s health insurance policies and onto Medicare. The move was to save about $1.1 million a year, according to Sundquist’s 2021 budget presentation. The idea initially upset retirees, so the initiative was removed from the 2021 budget before finally being implemented after additional time was spent getting retired city employees on board. Costs associated with moving eligible retirees to a Medicare Supplement or Medicare Advantage plan, and the city then paying for the ...