Articles about Local Insurance that may be useful to Massachusetts retirees
A Sampling of Local Experience
November 2015 Voice: With municipal health insurance reform in 2011, there was a spike in the number of Public Employee Committees (PECs) across the Commonwealth. Currently, some 185 Association members are serving as retiree designees on PECs that negotiate with local officials over health insurance plans.
Governor Proposes Higher Employee Contributions
MARCH 5, 2015: Monthly insurance premiums for the 425,000 enrollees of the state’s Group Insurance Commission (GIC) will increase starting in June.
The increase in monthly premiums is the result of higher medical inflation across nearly all GIC plans. Essentially, the price of medical care and prescription drugs is once again on the rise.
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.
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.
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.
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.
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.
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.
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.
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.
Since 1968 the Retired State, County and Municipal Employees Association has been the leading voice for Massachusetts public retirees and their families. Join with our 52,000 members as we continue the fight.
