State GIC

Articles about the State GIC that may be useful to Massachusetts retirees

GIC Announces FY20 Rates

GIC Announces FY20 Rates

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.

GIC Approves 2020 Plan Design

GIC Approves 2020 Plan Design

No Medicare Benefit Changes

FEBRUARY 7, 2019: The 17-member Group Insurance Commission (GIC) met this morning to set insurance plan design for Fiscal Year 2020. Plan design encompasses insurance benefits, as well as copayments and deductibles. Insurance premiums are scheduled to be approved on February 28.

For the coming fiscal year, which begins on July 1, there will be no benefit or copayment changes impacting Medicare supplement plans. GIC Medicare enrollees do not pay annual deductibles.

State GIC to Hold Listening Tour

Focus on Pending FY20 Health Insurance Changes 

JANUARY 4, 2019: With potential changes to the state’s health insurance plans set to be announced on Thursday, January 17, the Group Insurance Commission (GIC) has scheduled a “Listening Tour” with planned meetings in Boston, Worcester and Springfield later this month. The three public meetings will take place before the 17-member GIC Commission votes on the proposed benefit changes on February 7 and sets rates for FY20 on February 28.

GIC Begins Public Debate on FY20 Plan Design

GIC Begins Public Debate on FY20 Plan Design

Changes Would Begin July 1st

DECEMBER 6, 2018: Today, the state’s Group Insurance Commission (GIC) began the public process of establishing plan design and setting premiums for Fiscal Year 2020. Since all current GIC insurance plans were re-contracted in FY19, Mass Retirees does not anticipate major plan design changes for the coming year.

GIC Continues to Examine Health Plan Affordability

Review Comes at Request of Mass Retirees 

AUGUST 7, 2018: Following several years of increased healthcare costs paid by retirees in their insurance through the state’s Group Insurance Commission (GIC), Mass Retirees called upon the Commission to consider affordability prior to any further increases in cost. 

State Life Insurance Increase No Easy Task

Budget Amendments Rejected

For more than a decade, Mass Retirees has fought for an increase in the state’s basic life insurance benefit for retirees and active employees. Our goal is to increase the benefit to $10,000.

As members know, the current $5,000 benefit was established in 1985. After 33 years, the benefit no longer satisfies its original intent – to cover retirees’ funeral and burial expenses. According to the National Association of Funeral Directors, costs in Massachusetts well exceed $5,000 and can easily surpass $10,000, even for modest arrangements.

No Action Taken on Life Insurance & Moratorium Fix

Formal Legislative Session Ends July 31st

JUNE 25, 2018: Despite the best efforts of our legislative team, as well as a wide array of union lobbyists, Mass Retirees’ amendments to the House’s Health Care Reform bill (H4617) failed to be adopted. Of the 171 total amendments filed, only 25 were successfully adopted during last week’s debate in the House. 

Raise the Death Benefit

Raise the Death Benefit

Mass Retirees Call on House to Increase Basic Life Insurance: Adopt Amendment #99

State retirees and active employees are urged to contact their State Representative and ask that they support AND vote to adopt Amendment #99 to H4617. This proposal would increase the state’s Basic Life Insurance benefit to $10,000, utilizing a small portion of the Group Insurance Commission’s projected $99 Million surplus as a funding source.

Push to Increase State Retiree’s Life Insurance Benefit

Push to Increase State Retiree’s Life Insurance Benefit

Last Raised In 1985 – Retirees Urged to Call State Reps

April 23, 2018 – Mass Retirees has launched an all-out push to increase Basic Life Insurance benefits for state retirees and employees. The current $5,000 benefit was established 33-years ago in 1985.

As Open Enrollment Begins, GIC Begins Planning for 2019

As Open Enrollment Begins, GIC Begins Planning for 2019

Governance, Transparency and Affordability Top Issues

April 5, 2018: Open enrollment is now underway for retirees enrolled in the state’s Group Insurance Commission. All changes take effect on July 1, 2018. The open enrollment period runs through May 2nd and coincides with GIC’s thirteen regional health fairs.