You are correct. At 50 cents of every dollar in salary going to HC, it also shows that someone does not know how to shop around for a good deal on HC insurance. The number equates to $28K per employee for HC, and this is extremely high. I wonder who's pockets were lined with that overpayment.
Wisconsin Education Association Insurance Corp. (WEAIC),
That's exactly what the UNION Bosses are afraid will come to light. Their 'sweetheart, kickback deals' with the HC providers.
If you read this, your hair will be on fire, kiddo...
http://www.publicschoolspending.com/wp-content/uploads/2010/11/WEA-Trust-final-report.pdf
80% of the school districts are required to use only ONE provider ... WEC Trust. Follow the dollars ... How did ONE provider get 80% of the business. How did such a non-competive system come about. Who owns WEC?