Health Insurance

Articles about Health Insurance that may be useful to Massachusetts retirees

Medicare Advantage Marketing Targets Retirees

Medicare Advantage Marketing Targets Retirees

Members Should Not Drop GIC or Municipal Insurance

October 29, 2021: Each fall, during the Medicare open enrollment period, a plethora of ads targeting retirees dominate the airwaves and mailboxes of seniors. This year calls from members to our Beacon Hill office with complaints about aggessive sales tactics have hit an all time high.

Baker Mandates Vaccination for Executive Branch State Workers

Baker Mandates Vaccination for Executive Branch State Workers

House, Senate Discussing Vaccine Requirements for Their Employees

Katie Lannan, State House News Service

AUG. 19, 2021: About 42,000 state employees will need to be fully vaccinated against COVID-19 or have secured a medical or religious exemption by Oct. 17, or face the risk of consequences including losing their jobs, under an executive order Gov. Charlie Baker signed Thursday.

Weekly Update: Latest Retirement News

Weekly Update: Latest Retirement News

By Shawn Duhamel, Chief Executive Officer

GIC Insurance Rates Announced

GIC Insurance Rates Announced

MARCH 4, 2021: Group Insurance Commission Announces Fiscal Year 2022 Plan Rates: The Group Insurance Commission held their monthly meeting to set the premium rates for FY22 ahead of the open enrollment process.  As we were anticipating from previous meetings the Commission voted on a 5.2% average increase across all plans, non-Medicare and Medicare plans. Overall, the average increase for the six Medicare plans is 2.3%.  The most popular plan, the UniCare OME plan, has an increase, 2.2%, which equates to a total $8.94 increase for FY22.

One Million More Eligible for Vaccine on Thursday

One Million More Eligible for Vaccine on Thursday

Baker: High-Volume Sites Will Speed Process

Katie Lannan -  State House News Service

February 17, 2021: 

Massachusetts will roughly double the population eligible for COVID-19 vaccines on Thursday, when people over age 65, the residents and staff of affordable and low-income housing for seniors, and people with two or more health conditions that put them at higher risk will be newly able to make appointments.

FY21 STATE BUDGET SENT TO GOVERNOR

FY21 STATE BUDGET SENT TO GOVERNOR

Includes State/Teachers’ 3% COLA & Extends Retiree Work Waiver

December 4, 2020: House and Senate leaders completed work on the $46 billion-dollar FY21 budget with both branches voting on a conference committee report in a rare Friday session. The final version now goes to Governor Baker for approval. The vote today takes us one step closer to ending the 6-month delay of a final FY21 budget.

2021 Medicare Part B Premiums Remain Steady

November 6, 2020: Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2021 monthly Medicare Parts A and B premiums, deductibles, and coinsurance amounts in which the Medicare Part B monthly premium remains steady.

SOCIAL SECURITY ANNOUNCES 1.3% COLA INCREASE FOR 2021

SOCIAL SECURITY ANNOUNCES 1.3% COLA INCREASE FOR 2021

Congress Caps 2021 Medicare Part B Premium

October 15, 2020: As just announced by the Social Security Administration (SSA) this week, the benefits, payable to more than 64 million Social Security beneficiaries, will be increased by a 1.3% cost-of-living adjustment (COLA). This COLA increase will begin on December 31, 2020.