Contact: Bob King
860-703-3311 or 860-702-3300
In a report on Connecticut's fiscal and economic health released today, State Comptroller Nancy Wyman lists five items that may create a deficit as large as $437 million in the 1996-97 state fiscal year. Wyman said that as the state's fiscal guardian she will be monitoring the items on this "Watch List" carefully in the coming months.
The list is part of Wyman's first annual report to state residents on the economy and state budget. The report also examines demographic and social trends and looks at the problem of state residents without medical insurance.
In addition, Wyman notes that she is investigating the possibility of using the purchasing power of the state health care contract, under which 166,000 lives are insured and which her office administers, to leverage better rates for municipalities who must insure their own workers.
The comptroller also makes public a long-term care insurance initiative for state employees which has the potential to save future state Medicaid expenditures -- at no cost to taxpayers.
(Copies of the report are available by phoning the above numbers), or online at: http://vvv.osc.state.ct.us/public/reports/economic/96cmprpt/crpttitl.htm.
For Immediate Release
January 30, 1996
Back to Index of Comptroller's Press Releases
Back to Comptroller's Home Page