Teaneck May Save $280,000 With New Healthcare Policy

TEANECK, N.J. -- Teaneck's Township Council has clarified the policy under which it pays stipends to employees that opt out of township-provided health insurance, The Record recently reported. And the savings should be significant.

The Teaneck Council recent approved a measure that clarifies an opt-out incentive for employees.
Photo Credit: *KForce, via Wikimedia Commons*

Rachel Martin

04/11/2016 12:39 p.m.

Under the new policy -- passed unanimously, though Mayor Lizette Parker wasn't present -- these employees can receive a payment of 25 percent of the amount the township saves, but the amount is capped at $5,000, The Record reported.

Prior to an audit, these payments weren't uniform -- and 18 employees received them even though they didn't qualify, according to reporting from The Record. Township Attorney William Rupp said that the council is not yet sure about trying to go after the improper payments.

Read the full The Record story here.

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