University of California benefits purge could save it $10 million a year
The University of California thinks it might save $10 million a year after about 3,000 people were “voluntarily de-enrolled” from benefits coverage. Facing deep cuts to its budget due to California’s fiscal implosion, UC has looked for many ways to cut costs. It hired Secova Inc. to help it save money by slimming down the number of people covered in its benefits plans as family members of faculty, staff and retired employees.
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by Steven E.F. Brown, San Francisco Business Times.