With No Room to Raise Taxes, Where Will Adams Find the Money for His Pricey Union Deals?

Retired city workers are understandably upset the city is changing their health insurance, forcing them into a plan with less flexibility effective September.

But they shouldn’t be surprised: Something had to give.

Our retirees are getting off easy — so far.

Mayor Eric Adams registered the new contract last week with healthcare provider Aetna to start administering the less-generous Medicare contract in the fall, overriding Comptroller Brad Lander’s objections.

Thanks to a higher federal subsidy for the new Advantage plan, as well as stricter rules for specialty visits and the like, the city expects to save $600 million a year.

Continue reading the entire piece here at the New York Post

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Nicole Gelinas is a senior fellow at the Manhattan Institute and contributing editor at City Journal. Follow her on Twitter here. 

Photo by Lev Radin/Pacific Press/LightRocket via Getty Images