Archives of the Mayor's Press Office

FOR IMMEDIATE RELEASE
Date: Friday, May 21, 1999

Release #190 -99

Contact: Sunny Mindel/Jennifer Chait (212) 788-2958


MAYOR GIULIANI ANNOUNCES AGREEMENT WITH THE MUNICIPAL COMMITTEE ON IMPROVED HEALTH INSURANCE BENEFITS FOR EMPLOYEES AND RETIREES

Mayor Rudolph W. Giuliani today announced that an agreement has been reached with the Municipal Labor Committee, the committee responsible for negotiating health insurance benefits on behalf of City employees and retirees with the City, to improve the GHI-CBP/Blue Cross program for City employees and retirees. The improved health benefits will be provided at no additional cost to employees or to the City.

The following additional benefit enhancements in the GHI-CBP/Blue Cross program have been agreed upon with the Municipal Labor Committee which is responsible for negotiating health insurance benefits with the City of New York on Behalf of City employees:


The costs will be covered by the stabilization fund, which exists pursuant to collective bargaining. The fund sets aside certain monies from a prior settlement to stabilize certain fluctuations in health costs.

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