DETROIT (AP) -- An agreement has been reached in a health insurance dispute between bankrupt Detroit and some city retirees.
The deal announced Friday by mediators likely ends a lawsuit by retirees. A court hearing set for next week has been canceled.
Some features of the deal include the increase to $300 in the monthly stipend for retirees over age 65 who are not eligible for Medicare. The stipend for retirees under age 65 will be upped to $175 if the household income is less than $75,000 and the retiree acquires insurance under a health exchange.
The city last year had proposed shifting some retirees to Medicare and giving a monthly stipend to retirees under age 65 to buy their own insurance.
The mediators say the deal was reached Thursday night.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.