PEIA director says big cuts may happen every year
By Phil Kabler, Charleston Gazette-mail
A week after the Public Employees Insurance Agency Finance Board approved about $50 million in benefits cuts for next year for those covered by the health insurance plan, PEIA Executive Director Ted Cheatham told legislators Tuesday that could become the norm.
“We’re going to need $50 [million] to $60 million a year, every year, of new funding,” Cheatham said of...