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Health costs threaten fund. (premium supplementation fund)
A little-known state program with $2.3 million in the till has disbursed $89,000 in its 18 years to assist businesses with medical payments.
That amount could increase drastically if health-care costs continue to rise.
The premium supplementation fund was established in 1974 as part of the state's Pre-Paid Health Care Act. It started with a $300,000 appropriation. Interest and penalties collected from businesses in violation of the law increased the balance.
Recent figures indicate that 27 businesses received aid between 1988 and 1991. …
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- Health Policy Reform in America: Innovations from the States.
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Magazine article from: American Review of Public Administration
Grumet, Barbara A.
September 1, 1994
700+ words
