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Long Term Care Update
NOVEMBER 2002 - For now, the Group Insurance Commission (GIC) has decided to place on hold any in-depth study to determine the feasibility of a long term care (LTC) insurance program for state retirees and employees. GIC's decision came after review of a preliminary LTC report by its consultants, Boston Benefit Partners.
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Indemnity Plan Remains Top Choice
NOVEMBER 2002 - Enrollment statistics recently released by the state's Group Insurance Commission (GIC) confirm what many members already know - the Indemnity Plan is the plan of choice for many retirees, gaining the most members and retaining its position as the largest GIC plan.
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Feds Propose Unequal Insurance Treatment Of Medicare Retirees By Employers
NOVEMBER 2002 - Commonwealth's Public Retirees Not Affected - You may recall our report, sometime ago, concerning a lawsuit in federal court by retirees from Erie County, Pennsylvania, who claimed their Medicare supplement plan violated the ADEA, Age Discrimination in Employment Act (see January 2001 Voice). Since then, there have been a number of major developments.
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Curbs Sought On Drug Industry Influence
SEPTEMBER 2002 - Out-Of-Control Price Increases Draw Criticism - In direct response to complaints from retirees and the general public alike relative to the ever-increasing cost of prescription drugs, the state Senate is considering legislation that will curb the influence of the pharmaceutical industry in Massachusetts.
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Curbs Sought On Drug Industry Influence
SEPTEMBER 2002 - Out-Of-Control Price Increases Draw Criticism - In direct response to complaints from retirees and the general public alike relative to the ever-increasing cost of prescription drugs, the state Senate is considering legislation that will curb the influence of the pharmaceutical industry in Massachusetts.
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