Local Insurance

Articles about Local Insurance that may be useful to Massachusetts retirees

CVS CareMark Retained by GIC

Reduces Costs by $145m Over Three-Years

FEBRUARY 18, 2015: Following an extensive search process, the state’s Group Insurance Commission (GIC) voted to retain CVS CareMark for at least another three-years beginning July 1, 2015. The Rhode Island-based firm has been the pharmacy benefits manager (PBM) for the GIC’s UniCare plans since 2010.

Association Opposes Increased Copayment & Deductibles

Association Opposes Increased Copayment & Deductibles

GIC Holds Annual Public Hearing

February 4, 2015:  Association officials were present and offered testimony at the state Group Insurance Commission’s (GIC) annual public hearing held today at the State House.

Retiree Healthcare Siege Continues

MTF Report Misleading

OCTOBER 1, 2014: Last week, the Mass. Taxpayers Foundation (MTF) released its latest report on municipal retiree health insurance. As expected the report finds that the cost of municipal health insurance plans is unsustainable, and as such, benefit reductions are called for. Click here to view the report.

Legislature Extends Insurance Moratorium

Teachers and Municipal Retirees Protected

July 2014 Voice: Retired teachers and municipal employees will receive a two-year reprieve from increased health insurance contribution percentage rates due to a provision contained within the FY15 state budget. The law extends the same protection to municipal retirees that has been long afforded to state retirees.

Budget Accord Reached

Healthcare Contribution Moratorium Approved

JUNE 30, 2014: House and Senate budget negotiators reached an agreement on the Commonwealth’s $36.4 billion fiscal 2015 budget over the weekend. The measure will be approved by both the House and Senate, and then sent to Governor Patrick later today.

Budget Conference Underway

Insurance Moratorium Pending

JUNE 6, 2014: Following the passage of the Fiscal Year 2015 budget in both the House and Senate, legislative conferees are now negotiating a final unified state budget that will likely receive final approval in late June or early July.

Senate Budget Debate Begins Wednesday

Insurance Moratorium Pending

MAY 20, 2014: State Senators will begin debate on the FY15 budget beginning Wednesday morning. The debate, which is expected to last at least three days, will determine the Senate’s version of the state budget for the coming year.

Of utmost importance to our Association is amendment #89, filed by Senator Ken Donnelly (D-Arlington). Senators McGee, Lewis, Moore, Keenan and DiDomenico have signed onto the amendment as cosponsors.

GIC Rates Hold Steady For FY15

MAY 2014 VOICE: Members, who are state and municipal retirees receiving their health insurance through the state’s Group Insurance Commission (GIC), received welcome good news in March – health insurance premiums for FY15 will remain largely unchanged.

Insurance Moratorium Set To Expire

Association Seeks Two-Year Exentention On Retiree Premium Percentages

MAY 2014 VOICE: For the past three years, retired teachers and municipal workers have been protected from unfair increases in health insurance premium contribution percentages. Alarmingly, the legal protection expires on July 1, 2014!

Association officials are calling on the legislature to extend the retiree protection for two-years, through July 1, 2016.

Winchester retiree health costs revisited

By Kathy McCabe
Globe Staff April 10, 2014

Winchester selectmen have scaled back a plan to make retirees pay half the cost of their health insurance premiums, a plan that ignited a backlash from retired town workers.

The Board of Selectmen now proposes increasing premiums to 30 percent for people who retired before 2004, and phasing in the plan over an 18-month period, starting July 1. Later retirees would still pay 50 percent of their premiums, but it would be phased in over two years, according to the proposal.