Articles about the State GIC that may be useful to Massachusetts retirees
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.
Mitchell Led Agency For Nearly 29 Years
DECEMBER 21, 2015: At the close of the state Group Insurance Commission’s December meeting, Executive Director Dolores Mitchell stunned the crowded meeting by announcing her retirement. After leading the GIC for nearly 29 years, Mitchell will retire in 2016.
The fifteen-member Commission that governs the GIC will now begin the process of hiring a new executive director.
Only Impacts Certain Medicare Enrollees
NOVEMBER 21, 2015: Members who are insured under the state Group Insurance Commission’s (GIC) Option Medicare Extension (OME) plan will have a new prescription drug provider as of January 1, 2016.
As the GIC and our Association have been reporting for nearly a year, prescription coverage under the OME plan is being transferred SilverScript. Under federal law, retirees must be given the opportunity to “Opt Out” of the new drug plan.
Public Service Committee Grants Favorable Report
AUGUST 11, 2015: Legislation that would increase the basic life insurance benefit for state retirees and active employees has been released with a favorable report by the Joint Committee on Public Service.
Association officials worked closely with Committee Chairmen Rep. Jamie Murphy (D-Weymouth) and Senator Jim Timilty (D-Walpole) in recent months to advance the legislation forward prior to the start of the FY17 state budget cycle.
Only Medicare Retirees Subcribed to State Unicare Plan Impacted
July 2015 Voice: As of January 1, 2016 retirees enrolled in the state Group Insurance Commission’s (GIC) Optional Medicare Extension (OME) plan will receive their prescription drug benefits through a federal Medicare program known as EGWP.
The acronym, pronounced “Egg-Whip”, stands for Employer Group Waiver Program. Essentially, EGWP is a prescription drug program run by the federal government through Medicare Part D.
Association Initiative Would Lower Expense Cap
MAY 2015 VOICE: After five-years of low cost growth and medical inflation, retiree costs with the state’s Group Insurance Commission (GIC) are set to jump come July 1, 2015. The sharp increase in what some retirees will be forced to pay for healthcare has resulted in an Association legislative proposal seeking to lower the cap on out-of-pocket costs.
Since 1968 the Retired State, County and Municipal Employees Association has been the leading voice for Massachusetts public retirees and their families. Join with our 52,000 members as we continue the fight.
