Full and original article posted on Worcester Business Journal
A new study by the Worcester Regional Research Bureau finds that health insurance cost-sharing arrangements that were part of union contract agreements settled earlier this year in the city saved $9.1 million for the public schools and $4.5 million for other municipal departments.
The city settled contracts with its three public safety unions, and the Worcester School Committee reached a new agreement with the teachers’ union in the spring, moves that preserved more than 100 jobs. As part of that process, all city employees now pay 25 percent of their health insurance plan premiums, according to the WRRB.
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