Health Insurance

Articles about Health Insurance that may be useful to Massachusetts retirees

Retirees Call On GIC to Reconsider Plan Consolidation & Cap Costs

Mass Retirees has called on the state’s Group Insurance Commission to reconsider the decision to consolidate health plans, cap copayments and deductibles, and institute a new approval process for health plan selection and plan design that invites public comment.

 

Outrage Builds Over GIC Plan Consolidation

Harvard Pilgrim & Fallon Dropped; Tufts Now Medicare Only

 

JANUARY 19, 2018: Thursday, the state’s Group Insurance Commission (GIC) shocked enrollees by voting to drop Harvard Pilgrim Healthcare and Fallon as providers. The move also relegates Tufts to a Medicare Supplement and Medicare Advantage plans only. All changes take effect on July 1, 2018 with the start of the new fiscal year.

GIC To Select Health Plans

Vote Scheduled Thursday 1/18

 

Retirees & Unions Call For Balance on State Insurance Board

Legislature Eyes Changing GIC Compesition

If legislative action this fall is any indication, 2018 may finally be the year when Mass Retirees gains a seat on the state’s Group Insurance Commission (GIC). 

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.