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

Burton, Paul
November 2013
Bond Buyer;11/15/2013, Vol. 122 Issue F345, p1
Trade Publication
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.


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