Health Insurance

Articles about Health Insurance that may be useful to Massachusetts retirees

Decision Time For GIC

Affordability Subcommittee Created

Following months of discussion and review, the State’s Group Insurance Commission (GIC) is expected to decide on insurance carriers and health plan benefits design early in 2018. The pending decisions by the GIC come at a time of growing concern regarding the ability of retirees and employees to afford escalating costs.

2018 Marks Medicare Part B Increase For Many Retirees

Standard Monthly Payment Now $134

With the official news this fall that Social Security would be paying a 2.0% COLA (Cost-of-Living Adjustment) in 2018, members may have been looking forward to some extra money in their SS check. This 2% COLA will produce an average increase of $27 in monthly SS benefits next year.

National News: Public Sector Health Plans Meet

Share Ideas on Quality & Cost Containment

In early November, the Association took part in the 13th Annual Conference of the Public Sector Healthcare Roundtable held in Old Town Alexandria, VA.

Mass Retirees Legislative Director Shawn Duhamel represented the Association at the Conference, which was attended by public sector healthcare leaders from roughly twenty-four states. Attendees traveled from as far as Washington State and California.

GIC To Hold 9 Public Hearings Across MA

From January 19th – 29th

JANAURY 5, 2018: Responding to calls for increased transparency and openness to public input, the state’s Group Insurance Commission (GIC) announced a series of public hearings for the month of January. A total of seven public hearings will take place across Massachusetts between Friday, January 19th and Monday, January 29th.

GIC Selects CVS & Express Scripts for Pharmacy Management

Potential 3-Year Savings May Exceed $700 Million

 

Health Insurance Bids Now Under Review

Retirees Caution Against Cost Shifts & Benefit Erosion

The September edition of the Voice not only captured the attention of Association members, but also that of elected officials and the state’s Group Insurance Commission (GIC).

 

High Deductible Plans No Longer Just An Idea

Now Being Offered Locally

For sometime, we’ve spoken about high deductible plans,” according to Association official Shawn Duhamel. “These are non-Medicare plans with a very high annual deductible, for example $2,000 for an individual and $4,000 for a family.”

 

Silver Script: Frequently Asked Questions

Beginning this past July 1, the GIC’s SilverScript prescription drug program has expanded its enrollment. In addition to OME (Optional Medicare Extension) enrollees, SilverScript now provides prescription drug coverage to those retirees enrolled in the GIC’s Harvard Medicare Enhance, Health New England MedPlus and Tufts Medicare Complement plans.

 

GIC Embarks on ‘Listening Tour’

Commission Seeks Retiree/Employee Input

 With decision time looming for the selection of insurance carriers, a pharmacy benefits manager and the establishment of plan design, the Group Insurance Commission (GIC) will begin a state-wide ‘Listening Tour’ on December 12th, designed to solicit input from enrollees.

Changes to GIC Board Pass Senate

Mass Retirees & Unions Would Gain Seats