TITLE

Moody's: R.I. Cities Turn to Health Care Exchanges

AUTHOR(S)
Burton, Paul
PUB. DATE
November 2013
SOURCE
Bond Buyer;11/15/2013, Vol. 122 Issue F345, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that Moody's Investors Service Inc. has reported that Rhode Island municipalities are turning retirees to new health-care exchanges in order to reduce benefits and raise employee co-payments. It informs that the state's municipalities including Central Falls, Woonsocket, and Providence have implemented strategies such as transferring retirees onto Medicare, reducing employee and retiree benefits, joining municipal insurance consortiums as of 2013.
ACCESSION #
91988215

 

Related Articles

  • Phoenix Voters Reject End To Pensions for New Employees. Williamson, Richard // Bond Buyer;11/7/2014, Vol. 1 Issue F343, p1 

    Phoenix voters refused to shift more investment risk to the city's employees by rejecting Proposition 487, which would have eliminated the defined benefit pension for new employees.

  • IN THE MARKETS. Elstein, Aaron // Crain's New York Business;1/3/2011, Vol. 27 Issue 1, p4 

    The article focuses on the exit package of Raymond McDaniel, chief executive officer (CEO) of Moody's Investors Service Inc. He would get a lump-sum payment equal to three times his base salary and target bonus. Based on his pay for 2009, the change would make him eligible for a payment of 6.9...

  • Moody's: Needed Clarity on U.S. Health-Care Law Will be a Boon for Brokers; Business Expected to Improve Globally. Ruquet, Mark E. // National Underwriter / P&C;6/25/2012, Vol. 116 Issue 22, p10 

    The article reports on the study conducted by Moody's Investors Service, which indicates that the uncertainties in U.S. healthcare reforms will benefit the insurance brokers, increasing the demand for employee benefit products and services.

  • Moody's Is Positive About Proposed Puerto Rico Budget. Slavin, Robert // Bond Buyer;5/20/2014, Vol. 123 Issue 34112, p1 

    The article discusses the credit positivity for the budget proposed by Puerto Rico's Governor Alejandro García Padilla as predicted by the Moody's Investors Service Inc. as of May 2014. Topics discussed include decline in the budget deficit of Puerto Rico from fiscal year 2009 to fiscal 2014,...

  • Caddo Parish SD, La., Downgraded to Aa3 by Moody's.  // Bond Buyer;10/7/2014, Vol. 1 Issue 34190, p1 

    Moody's Investors Service said it has downgraded to Aa3 from Aa2, the Caddo Parish Parishwide School District and School Board, La.'s general obligation bonds.

  • New Jersey Pension Ruling a Credit Negative: Moody's. Coen, Andrew // Bondbuyer.com;2/26/2015, p53 

    The article reports on the credit negative given by ratings agency Moody's Investors Service to a February 23, 2015 New Jersey State Superior Court ruling that states pensions contributions as contractually protected. Topics include the further obstacle added by the ruling to cutting future...

  • Flint Could Avoid Chapter 9 If It Wins OPEB Battle: Moody's. Devitt, Caitlin // Bond Buyer;9/15/2014, Vol. 1 Issue 34177, p1 

    The article focuses on a report from the bond credit rating firm Moody's Investors Service, according to which, Flint, Michigan may avoid bankruptcy unless it loses a court case related to over its effort to cut retiree health care costs under other post-employment benefits (OPEB). As mentioned,...

  • Atlanta Pension Reform Suit is Credit Negative: Moody's. Lewis, Jakema // Investment Management Mandate Pipeline;11/26/2013, p1 

    The article reports that on November 23, 2013, bond credit rating business Moody's Investors Service stated that the lawsuit challenging the two-year-old pension reform of Atlanta is a credit negative due to the uncertainty it creates. On November 14, 2013, police, fire and employee unions filed...

  • UNT Plans Overhaul Amid Accounting Turmoil. Williamson, Richard // Bond Buyer;4/22/2014, Vol. 123 Issue 34096, p1 

    The article focuses on University of North Texas' (UNT) plans to upgrade its financial management after auditors discovered misuse of state's funds for employee benefits. Topics discussed include board meeting of UNT system in which Chancellor Lee Jackson outlined management problems, stable...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics