DETROIT (AP) — Officials say Detroit’s state-appointed emergency manager Kevyn Orr is considering a plan to replace health care benefits for retirees under 65 with a stipend to buy coverage beginning next month.
The Detroit Free Press reports (http://on.freep.com/17RF2Yr ) the city intends to help those retirees figure out the best health insurance plan offered under the Affordable Care Act. Michigan’s insurance marketplace where coverage will be sold launches Oct. 1 and coverage is effective Jan. 1.
Detroit’s labor relations director, Lamont Satchel, described the plan with a $125 stipend on Wednesday during a presentation.
Orr spokesman Bill Nowling says Orr is still working on the cost-cutting effort and “it would be premature to say this is the number we’re working on.”
Preliminary plans also call for retirees over 65 to transition to Medicare.
Information from: Detroit Free Press, http://www.freep.com