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City of Chicago Retirees to See 40 Percent Health Insurance Hike
Chicago Sun-Times; free registration may be required Link to more items from this source
Sept. 14, 2014
"Last year, [Chicago Mayor Rahm] Emanuel announced plans to save $108.7 million a year by phasing out the city's 55 percent subsidy for retiree health care and forcing retirees to make the switch to Obamacare. For the city, the Year One savings was $25 million. For retirees, that translated into an increase in monthly health insurance premiums in the 20 percent and 30 percent-range. On [September 12], city retirees and their dependents got hit again -- only this time, even harder. The city notified them of a 30-percent to 40-percent increase that will cost most of the retirees between another $300 to $400 a month."

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