September 26, 2011

The PEBP Board proposed changes to the state employee health plan last year and this year, Sandoval takes full credit for them. The facts are that the changes were proposed last fall before he was elected but this is typical of a transparently corrupt governor. It doesn't matter to him that he takes credit for something he did not do.

Like I said previously, his corruption is amazing but I respect that he is so open about it unlike Gibbons. This means he doesn't care about anyone but himself. He knows his casino and mining support will keep him is power and warm at night.

Anyway, the unfunded liabilities were significantly reduced by about $874 million in FY 2010 - BS (before Sandoval) with about $976 million left.   To do this, the state insurance plan was changed to a high deductible one and Medicare retirees were switched to an Individual Market Medicare Exchange.

FYI: Future new hires who retire from the state will no longer get health insurance.

Reference: http://www.nevadaappeal.com/article/20110921/NEWS/110929975/1070&ParentProfile=1058