July 01, 2005

A Mounting Crisis For Local Budgets: The Crippling Effects of Soaring Municipal Health Costs

Health insurance costs for municipal employees in Massachusetts have skyrocketed by 63 percent between 2001 and 2005, according to a new Foundation report. This growth is more than four times greater than the rate of growth in local budgets and almost double the rate of annual increase in the state's cost of providing health benefits to its employees.