Articles about Health Insurance that may be useful to Massachusetts retirees
Medicare Part B Also Expected To Rise
October 17, 2017: It’s now official. Just yesterday the Social Security Administration (SSA) announced that the 2018 COLA (Cost-of-Living Adjustment) for Social Security beneficiaries will be 2.0%, starting with benefits paid this coming January. This 2% COLA will produce an average increase of $27 in monthly SS benefits next year.
Litany of Bills Before Public Service Committee
3% State & Teacher COLA Awaits Final Approval
JULY 6, 2017: Mass Retirees officials are closely monitoring developments on Beacon Hill, where House and Senate Conferees continue to negotiate the final details of the Fiscal Year 2018 State Budget.
Fate Rests With House/Senate Budget Conferees
JUNE 21, 2017: Members who are insured under the state’s Group Insurance Commission (GIC) are asked to contact their State Representative and Senator in support of a proposal granting Mass Retirees a seat on the board governing the health insurance plan.
Mass Retirees Gains Commission Seat
MAY 24, 2017: Wednesday morning the Massachusetts Senate approved a major restructure of the state’s Group Insurance Commission, granting our Association and two additional public employee unions seats on the 17-member Commission.
Budget Amendment Caps Payments
APRIL 14, 2017: Together with an AFL-CIO backed coalition of public employee unions, Mass Retirees has sponsored an amendment to the FY18 House budget proposal that lowers the cap on out-of-pocket health insurance costs.
As printed by the Washington Post, March 24th.
Is the Republican health-care plan a return to freedom or a watered-down version of Obamacare? Will Republicans placate their base with a major legislative achievement, or will this be the party’s undoing for a generation of voters?
We’ve published the most incisive arguments from health experts and our columnists in the two weeks since Republicans unveiled this bill. As the debate reaches a climax, we’re giving you a guide to that commentary — pro and con, divided by subject matter:
OME Plan To Increase 1.6%
MARCH 3, 2017: This week the Commonwealth’s Group Insurance Commission (GIC) voted to set insurance plan rates for FY18, which begins July 1.
Rates for the popular Optional Medicare Extension (OME) plan will increase by 1.6%. Last year rates for this plan decreased by 7.1%.
Retirees not eligible for Medicare, who are insured under the GIC’s Indemnity Plan with CIC coverage (run by UniCare) face a 3.6% increase. The average increase across all GIC sponsored plans is 3.8% for the coming year.
GIC Lowers Medicare Copayment
Association Calls for Reconsideration
FEBRUARY 10, 2017: The state’s Group Insurance Commission is scheduled to meet on Tuesday, February 14th to finalize plan design and rates for FY17, which begins July 1.
Together with a coalition of active employee unions, our Association has called upon Governor Charlie Baker and the GIC to reconsider its plan to increase out-of-pocket costs. Baker, like past governors, controls all appointments to the Commission.