Waste Of The Day: NYC Healthcare Fund Is Out Of Cash Authored by Jeremy Portnoy via RealClearInvestigations, Topline: Former New York City Comptroller Brad Lander claims one of the city’s health insurance funds has “no path to solvency” after labor unions used it to cover pay raises, Weight Watchers and more. Key facts: New York’s taxpayer-funded Health Insurance Stabilization Fund owes $3.1 billion to outside vendors and the city that it’s unable to pay. The actual amount is likely much higher because expenses from 2024 and 2025 have not been totaled yet, according to Lander’s Dec. 30 audit. The fund… — Continue at ZeroHedge News : Read More
