Continuing to find innovative ways to save costs, East Lyme First Selectman Paul Formica received approval from the Board of Selectman to sign a contract enabling the town to save $3.3 million over 5 years. An article in The Day detailed the momentous occasion.
With his years of management experience leading his own business, Paul Formica constantly strives to find ways to be more effective. The costs of healthcare are included in this. By having this new partnership, the town will save tremendous sums of money and provide better healthcare to its employees.
Addressing health as early as possible and focusing on preventative measures is a proven way to reduce costs.