Health Insurance

Articles about Health Insurance that may be useful to Massachusetts retirees

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.

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.”