As you can see, the actual health costs (bills paid to BC/BS) were less than the premium rates that had been set by the city. Still, the total $8,007,148 collected from city employees and retirees (based on the $26 million figure) was used toward the health bills.
That $8 million figure would indeed have been 30% of $26,549, 587 -- the working rate. But no one, no where, no how was ever paid $26,549, 587.
The $8 million and change we did pay is, however, equal to 33% of the $24.3 million in actual costs. Employees and retirees paid too much. The city paid too little.