October 4, 2018 | by Iolanda Bulgaru

Illinois’ Healthcare Debt

Simply put, this piece of Illinois healthcare news doesn’t look good for the state’s teachers or its residents.

Every adult in Illinois is on the hook for $4,000 in retired teacher healthcare costs, according to a Bellwether Education Partners study, released on Tuesday, September 18, 2018. The state owes $54 billion in future health care costs, ranking as the sixth most in-debt place out of all states based on the adult population. Chad Aldeman of Bellwether Education Partners offered a handful of solutions for managing the growing bills from healthcare.

In one scenario, the state could rescind coverage of retirees making more than a certain amount. “The state is providing retiree benefits even to a retired superintendent who’s making $150,000 or $200,000 a year in a pension and they get free healthcare on top of that,” Aldeman said. “That may not be a good use of public dollars.”

Iolanda Bulgaru
Healthcare Weekly Staff

Iolanda has over 30 years of experience in education and academia.

Leave a comment

Healthcare Weekly Newsletter

Get the latest in healthcare leadership, news, and innovation.

We don’t share your contact information with any 3rd party

Contact us

Get in touch to learn how we can help

Name

Work Email

Message

Contact us

Get in touch to learn how we can help

Name

Work Email

Message

Thank you for contacting Healthcare Weekly.

We will get in touch with you shortly.