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

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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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  • how about this
    How about use your own money. Schools are notorius for leaving the lights on and doors open with the HVAC on. Dont ask the state to repair your facilities, raise tuition let the end user pay the cost.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

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