Audit Highlights Urgent Need to Address City Employee Health Fund Insolvency

1 min read
Source: THE CITY - NYC News
Audit Highlights Urgent Need to Address City Employee Health Fund Insolvency
Photo: THE CITY - NYC News
TL;DR Summary

An audit reveals that New York City's Employee Health Insurance Stabilization Fund is billions of dollars in debt and recommends dissolving it, citing misuse of funds and insolvency, with ongoing disputes between city officials and unions over its management and purpose.

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