Schenectady County Legislature Passes Resolution Calling on the Governor and the State Legislature to Approve the Municipal Health Insurance Savings Act
The Schenectady County Legislature passed a resolution at their February Regular Meeting in support of the Municipal Health Insurance Savings Act that encourages the Governor and the State Legislature to approve Assembly bill 2578 and Senate bill 3660.
Introduced by Assemblymember Phil Steck the bill would allow municipalities such as towns, villages, and school districts to join county self-insured health plans as a way to drive down costs. Some municipalities are too small to self-insure, and these plans are significantly less expensive than community rated plans. Others who have already self-insured can realize greater efficiencies by joining with the county plan, since spreading the risk among more employees lowers health insurance costs. The bill is sponsored in the Senate by Sen. Joseph A. Griffo.
“Thank you Assemblyman Steck for sponsoring this legislation and supporting efforts to allow Schenectady County, our local governments and our school districts to work together to reduce costs and provide meaningful tax relief to our residents,” said Legislator Rory Fluman, sponsor of the resolution and Chair of the Committee on Intergovernmental Cooperation. “Schenectady County is proud of the work we’ve done to contain the cost of employee healthcare that is saving our residents millions of dollars. We now look forward to sharing these strategies that can bring meaningful savings to our municipal partners and our school districts.”
Just last month the Legislature announced that Schenectady County’s largest employee prescription drug plan, Schenectady Meds I, reduced costs by more than $2 million from 2010 to 2016. This legislation would allow Schenectady County to work with our local governments to find these types of savings for their taxpayers.