IIFS Blog Archive: October 2009
10.27.09
State Budget Woes Hit Employee Health Plan
The State of Illinois’ fiscal crisis has had a major impact on the State’s employee health insurance plan, delaying payments on employee medical bills paid by the State for roughly seven months and causing the State to delay paying premiums to managed care companies for three and a half...
10.20.09
Increased Unemployment Corrodes State Revenues
The State of Illinois’ personal income tax revenue for FY2010 is now expected to be $850 million lower than projected when the budget was approved in July 2009, according to David Vaught, the newly appointed Director of the Government’s Office of Management and Budget.
10.13.09
Governor Requires State Retirees to Pay for Dental Coverage
As part of his efforts to rein in the State of Illinois budget, Governor Pat Quinn is requiring all state retirees to contribute to the costs of their dental insurance as of October 1, 2009.
10.05.09
Medicaid Prescription Drug Abuse Alleged in Illinois and Other States
Tens of thousands of Medicaid recipients and doctors were involved in potentially fraudulent or abusive purchases of prescription drugs in 2006 and 2007 in five states, including Illinois, according to a new report by the Government Accountability Office (GAO).
10.02.09
Video Poker a Gamble for Capital Funding
The surprise expansion of gambling to all corners of Illinois in the form of legalized video poker that was enacted by the General Assembly has not been well received by many residents or local governments. A recent poll conducted by the Chicago Tribune showed that nearly 60% of Illinois residents...