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IU's health care budget could be $25 million short

December 11, 2010

Indiana University's board of trustees has learned that the school's health care budget is $24.9 million short of projected expenses in 2011-12.

Trustee Tom Reilly Jr. says the university's low-deductible Anthem Blue Access health care plan is too expensive for the university to continue to offer. The Herald-Times of Bloomington reports that Reilly said IU should not try to cover the entire $24.9 million shortfall itself and implied that employees should share some costs.

Trustees also discussed the school's $900 million in deferred repair and renovation funding at their quarterly meeting Friday at IU East in Richmond. Officials say possible solutions to that funding problem could include a fee dedicated to keeping buildings in good shape or asking the state for more money.

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