City to phase out health-care subsidy for 30,000 retirees but 5,500 oldest will be covered

Chicago Sun-Times

This article covers Chicago Mayor Rahm Emanuel’s announcement to phase out the City’s subsidy of retiree health care by 2017 and transition all the oldest retirees to coverage under the Affordable Care Act. The Civic Federation said the move is reasonable given the new coverage options available under the Affordable Care Act, but that the transition would need to be closely monitored by the Emanuel administration and the Chicago City Council to ensure seamless coverage for all City retirees.