Articles about the State GIC that may be useful to Massachusetts retirees
3% COLA Approved & GIC Rates Maintained
APRIL 25, 2012: This week, debate is underway in the House of Representatives over the Fiscal Year 2013 State Budget. The weeklong debate will consider over 850 amendments to the $32 billion budget proposal.
OME Rates Clarified
APRIL 18, 2012: For the overwhelming majority of Medicare eligible retirees insured through the state’s Group Insurance Commission (GIC), the insurance plan of choice has long been the Optional Medicare Extension (OME) Plan run by UniCare. Typically, most OME subscribers also include CIC coverage with their basic plan.
Recent Insurance & Pension Reforms May Lower Costs
APRIL 6, 2012: On Thursday, the Special Commission to Study Retiree Healthcare held the first of its seven scheduled meetings at the State House. With 9 of its 11 members present, the Commission heard from a series of experts who outlined the complex issues under consideration.
Focus On Retiree Insurance Cost
APRIL 3, 2012: As we have previously reported, the Association will take part in the Special Commission on Retiree Health Care that gets underway Thursday, April 5.
The eleven-member Commission, created within Chapter 176, Acts of 2011 (Pension Reform), is tasked with further exploring various means by which retiree health insurance costs might be lowered.
15 Statewide Health Fairs Scheduled
MARCH 19, 2012: The Commonwealth’s Group Insurance Commission will hold its annual Open Enrollment period from April 9 through May 7, 2012. During this period, all retirees and employees insured under one of the GIC plans may switch their insurance coverage.
During this time period, the GIC will hold a series of Health Fairs across the state - fifteen in all.
No Copay/Deductible Changes
March 2, 2012: Providing good news to those state, teacher and municipal retirees it insures, the state’s Group Insurance Commission (GIC) has approved its lowest insurance premium increase since 1999 – just 1.43% across its eleven different plans. Rate changes are effective for Fiscal Year 2013, which begins July 1, 2012.
Focus On New Municipal Insurance Law
FEBRUARY 14, 2012: Association members were among the over 200 attendees at a recent forum on the new Municipal Health Insurance (MHI) law, that was held at Boston Fire Local 718’s Florian Hall in Dorchester. They gathered together as the retiree designees on the Public Employee Committee (PEC) for their community or school district.
FEBRUARY 1, 2012: Over 100 employees and retirees attended today’s annual public hearing of the Commonwealth’s Group Insurance Commission (GIC) held in Minihan Hall at the Lindemann Center.
Dolores Mitchell, Executive Director of the GIC, presented an extensive update of all commission activities and an estimated projection of future needs and costs.
Mitchell started by pointing out that the Commonwealth could be under some pressure from the added costs of Federal health care reform.
JANUARY 2012 VOICE: Beginning July 1, 2009, the retirees, survivors and employees in 11 communities initiated their health insurance coverage with the state Group Insurance Commission (GIC). Whether their GIC coverage would continue for 3 or 6 years depended upon the agreement that had been reached between local officials and the PEC (Public Employee Committee).
Retirees Must Have Voice In Process
The battle, now being waged in Wisconsin over the rights of public employees to collectively bargain, should come as no surprise to Association members. As we have been reporting for some time, there is a growing national movement to reduce and alter the health care and defined benefit pensions of public employees and retirees.