Articles about the State GIC that may be useful to Massachusetts retirees
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.
GIC Report Sheds Light on Out-of-Pocket Costs
SEPTEMBER 2016 VOICE: What our members are paying out-of-pocket, including copays and deductibles, for their health care is of utmost concern to this Association,” states President Frank Valeri. “For that reason, we take special note of any study or analysis that sheds light on the issue.”
Kicks Off Annual Insurance Open Enrollment
APRIL 6, 2016: Today begins the month-long open enrollment period for the state’s Group Insurance Commission (GIC). Retirees and employees insured by the GIC now have until May 4, 2016 to make changes to their health insurance coverage or join the retiree dental insurance plan.
OME Prices Drop -7.2%
MARCH 4, 2016: Retirees who are enrolled in the state Group Insurance Commission’s (GIC) Option Medicare Extension (OME) plan received very good news this week – health insurance rates for FY17 will decrease by 7.2%.
Last year, OME enrollees experienced an increase of 6.5%. Two years ago, the same rates decreased 0.4%.
In addition, the GIC has voted to maintain the same copayments and deductibles that have been in effect for the past year, without any increase.
13 Locations Across The State Thru April
February 12, 2016: Today the Group Insurance Commission announced the schedule for the 2016 Health Fairs. This is an annual practice that the GIC conducts during its open enrollment which this year runs from April 6th to May 4th.
With an eye on rising costs, the health care industry today is looking for new ways to contain spending while improving patient care.
It’s a monumental goal, one that insurers and care providers, prodded by landmark health care laws, are trying to tackle. Dolores L. Mitchell has been doing it for nearly three decades.