Articles about Medicare that may be useful to Massachusetts retirees
MARCH 13, 2020: We hope that you and your family are safe and doing well while our nation fights the spread of the coronavirus.
In light of ongoing efforts to combat the spread of COVID-19 and out of an abundance of caution for the health of our members, we have decided to postpone our upcoming membership meetings in Somerville and Leominster. We will make decisions on whether or not to proceed with future meetings based on the latest information available.
Welcome to the 1st Anniversary of Mass Retirees’ Facebook Friday. This week: The state GIC approves FY21 health insurance premium rates for 465,000 enrollees, with no increase in copayments or deductibles – but the battle to control healthcare inflation rages on! Watch here!
No Increase in Copayments or Deductibles
February 27, 2020: The 17-member Commission voted today on the rates for the health insurances plans to be offered by it. The new plan rates will be effective July 1. While members will see an increase in their monthly premiums, their copayments and deductibles will remain unchanged.
Rising Costs & Affordability Main Concerns
SEPTEMBER 2019: Earlier this year, Mass Retirees filed six separate legislative proposals relative to health insurance benefits for public retirees and surviving spouses. Known as “bills”, these proposals are now before various legislative committees where public hearings are held, followed by detailed analysis by committee staff.
Mass Retirees Opposes Voucher-Like Scheme
SEPTEMBER 2019: For more than a decade, public retirees have found their health insurance benefits under near constant siege by those looking to cut costs and reduce government spending. Through it all, Mass Retirees has often found itself engaged as the last line of defense against proposed cuts and changes that would negatively impact public retirees and survivors.
1.9% Increase for Popular OME Plan
MARCH 1, 2019: On Thursday the state’s Group Insurance Commission (GIC) delivered good news to the more than 82,000 retirees and surviving spouses insured under its Option Medicare Extension (OME) plan. For Fiscal Year 2020, UniCare OME premiums will increase a meager 1.9% over the current year.
No Increases In Copays & Deductibles
FEBRUARY 8, 2018: The state’s Group Insurance Commission has unanimously approved health insurance plan design for FY19, covering all six carriers and slightly lowering costs for some enrollees. Heeding calls from Mass Retirees and all public employee/teacher unions, copayments and deductibles will not increase for the coming year.
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.
Potential 3-Year Savings May Exceed $700 Million
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).